BofA (BAC) May Look to Sell MSRs on $300B of Loans (MBI)

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Goldman Sachs Lifts Numbers on Bank of America (BAC) Following Fannie Mae Settlement

January 7, 2013 3:32 PM EST

Goldman Sachs raised estimates and its price target on Bank of America (NYSE: BAC) from $12 to $12.50 following today's settlement with Fannie Mae and sale of servicing rights for 2 million loans. The firm maintained a Neutral rating.

Goldman sees the announcements as a positive for EPS as: "(1) the... More

MBIA, Inc. (MBI) Ramps Above Key Level on Volume

January 4, 2013 3:28 PM EST

MBIA, Inc. (NYSE: MBI) shares are showing a showing a hyperbolic move above the $9 level Friday afternoon. Shares are up 11 percent on the session into the final half-hour of trading.

Now specific word is out on the stock, but volume of 5 million... More