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  • Some of banking's best-known names are still trading at very attractive valuations to book value and earnings estimates, TheStreet.com says.

  • One Oppenheimer analyst has "outperform" ratings on four bank stocks and says his price targets generally assume "that the banks trade at their historical average of 70 percent of the market multiple." TheStreet.com reports.

  • Mortgage rates

    Fannie Mae and Freddie Mac exacerbated the mortgage crisis and that's why the government should get out of the home loan business, former Wells Fargo CEO Richard Kovacevich told CNBC.

  • bank of america settlement--970941401_v2.jpg

    Bank of America reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans.

  • TheStreet.com identifies bank stocks that are trading at low multiples to forward earnings estimates.

  • TheStreet.com details one pro's opinion that BofA's surplus capital build-up will "reduce the perception of risk around BAC and drive an increase in the valuation multiple."

  • Bank stock investors may be looking at some very attractive dividend yields next year. TheStreet.com reports.

  • *Freddie Mac has repaid 31 pct of total Treasury draw. Nov 6- Freddie Mac reported a third-quarter profit on Tuesday, driven by a U.S. housing market on the mend, and said it was not requesting funds from the U.S. Freddie Mac had net earnings of $2.9 billion in the quarter that ended Sept. 30, contrasting a $4.4 billion loss a year earlier.

  • Nov 6- Freddie Mac reported a third-quarter profit on Tuesday, driven by a U.S. housing market on the mend, and said it was not requesting additional funds from the U.S. Freddie Mac had net earnings of $2.9 billion in the quarter that ended Sept. 30, contrasting a $4.4 billion loss a year earlier.

  • Nov 2- The health of the U.S. economy has been central to the campaign for the White House, with both President Barack Obama and Republican challenger Mitt Romney seeking to convince voters they have a plan to usher in faster growth and job creation.

  • WASHINGTON, Nov 1- Wells Fargo has gone to court to challenge a financial-crisis lawsuit recently brought against it by the Justice Department, saying a prior multi-bank $25 billion mortgage settlement already cleared it of some liability.

  • Nov 1- A significant portion of customers in Wells Fargo& Co's $1.9 trillion mortgage servicing portfolio remain strong candidates for refinancings, the head of the bank's home lending unit said on Thursday.

  • HENDERSON, Nev.-- This suburb in a battleground state is pockmarked with half-built subdivisions, foreclosed homes and voters like Leslie Levin. But here and in hotly contested Florida, the damage to the housing market is still painfully visible.

  • WASHINGTON, Oct 30- Fannie Mae and Freddie Mac on Tuesday extended their disaster-relief policies to borrowers whose homes were damaged by Hurricane Sandy.

  • WASHINGTON, Oct 30- Fannie Mae and Freddie Mac on Tuesday extended their disaster-relief policies to borrowers whose homes were damaged by Hurricane Sandy.

  • WASHINGTON, Oct 26- Fannie Mae and Freddie Mac are expected to require less taxpayer aid and may be able to stop tapping government coffers as early as next year, the U.S. housing regulator said on Friday, partly because the health of the bailed-out companies has improved.

  • NEW YORK, Oct 25- Bank of America Corp employees could face civil fraud charges as part of a federal lawsuit accusing the bank of causing taxpayers more than $1 billion in losses by selling toxic mortgage loans to Fannie Mae and Freddie Mac, a prosecutor said on Thursday. Fannie Mae and Freddie Mac were bailed out and put in government conservatorship in 2008..

  • *Q3 earnings 30 cts/share vs year-ago loss of 34 cents. Oct 25- PulteGroup Inc, the second-biggest U.S. homebuilder, reported its highest quarterly earnings since the collapse of the housing market, thanks to a surge in new orders and increased sales of new homes at higher prices.

  • *$3 billion bid tops offer from Nationstar Mortgage Holdings. Oct 24- Ocwen Financial Corp and Walter Investment Management Corp on Wednesday prevailed in a bankruptcy auction for Residential Capital LLC's mortgage business with a $3 billion bid that topped rival Nationstar Mortgage Holdings Inc..

  • Oct 24- Nobel Prize-winning economist Joseph Stiglitz chided U.S. President Barack Obama and Republican presidential candidate Mitt Romney for not seriously addressing the troubled U.S. housing market during the recent series of presidential debates.