U.S Bank Archives - Market Mad House

daniel October 31, 2017 Citibank (NYSE: C), JPMorgan CHASE NYSE: JPM), Lack of Mortgage Exposure is good at US Bank, less exposure to the mortgage market, U.S Bank, US Bancorp, US Bancorp (NYSE: USB), US Bank is definitely a Value Investment, US Bank is making a Lot of Money, very low interest rates, Wells Fargo (NYSE: WFC)

US Bancorp Gets Better

There’s also less exposure to the mortgage market which is still on some very shaky ground. U.S. Bancorp controlled around 2.8% of the mortgage in first quarter 2017, compared to the 16.3% that Wells Fargo owned, Forbes Great Speculations pointed out.

The volume of mortgage originations is falling dramatically dropping from $561 billion in 3rd Quarter 2016 to $361 billion in Quarter One 2017. That’s a decline of more than $35% or $200 billion in just six months.