Credit quality for consumers is improving, which Sloan said indicates that “the consumer overall is doing a little bit better.” Though the hardest hit are still unemployed, the rest of consumers are “doing OK.” Wells Fargo is the largest lender in the United States and this comment was made by Mr. Sloan who is the CFO …
U.S. homebuilders are now really starting to feel a little better about themselves. Over the last 6 months there have been 5 straight increases in builder sentitment and the levels have held strong this month. Although the number remains below 50 at the current time, the tide is clearly starting to shift positive, and the outlook …
