New HARP 2.0 Guidelines Improve Bank Margins

New analysis of HARP 2.0 is suggesting bold improvements for bank margins and other lending measurements in the second quarter of 2011.
Conducted by the firm Keefe, Bruyete & Woods (KBW) and covered by HousingWire, the analysis looked at the financial performance of Wells Fargo, JPMorgan Chase, PNC, Bank of America and USB, and the results were uniformly positive.
In gains-on-margin from 2011′s first quarter to 2012′s, Wells Fargo’s percentage rose from 1.67 percent to 2.36 percent; for JPMorgan Chase, it rose 2.48 percent to 4.22 percent; at PNC, it rose 2.63 ...

Source: http://feedproxy.google.com/~r/chicagoagentmagazine/news/~3/uECiUqWPWag/

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