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Friedman Billings Ramsey
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Latest Headlines
How much will Bank of America need?
The timing couldn't have been worse. As angry shareholders were preparing to convene, the news trickled out: Bank of America's stress results were not great, requiring billions more in capital. But how much more? An early estimate comes from Freidman, Billings, Ramsey analysts, who reckon the bank
A dose of reality about Wells Fargo?
Wells Fargo, last week became the third big bank to tell the world that first quarter profits would be higher than people were expecting. The San Francisco bank's announcement was the most definitive yet. The world reacted to the news that the bank would record $3 billion in profits by becoming gi
What to do with Citi and Bank of America?
It would be one thing if we could look at Citi and Bank of America and say there's hope at the end of the tunnel. But as of right now, there's no light out there. If there were, most would assume its the proverbial on-rushing train. This is because Bank of America just took in nearly $140 bill
Should Bank of America walk away from Countrywide?
MarketWatch notes that Countrywide is a bad position. Basically, its debts exceed its assets. Negative equity, of course, doesn't exactly speak well for the mortgage giant's future. Of immediate concern is the deal that Bank of America  has struck. As Countrywide's loan problems mount a
