Bank stocks added to their gains on Monday after a top federal banking regulator who was heading up an effort to raise capital requirements for the U.S.’s largest financial institutions abruptly ...
Tech stocks also got a tailwind from a report from electronics maker Foxconn, which said December revenues were at a record thanks to demand for artificial intelligence technologies.
Keefe, Bruyette & Woods expects a better year for originations than either Fannie Mae or the Mortgage Bankers Association, although volume will remain below the norm.