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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (8417)	11/14/2007 11:14:42 PM
From: John Pitera	Read Replies (2) \| Respond to of 33421

I believe you are on to something, one way in which B of A if charging hard is that they are eliminating completely the mortgage broker business, which had been up at the 30% area a year ago. They want to cultivate and expand their in house writing of Mortgages and expand their Market share and presumably look for Margin expansion as the business rebounds over the next number of Quarters. BA looks to have some strong management. we will see. John