Bank Earnings: ‘Lower for Longer’ Means Buybacks Will Continue
MarketWatch, Oct. 6, 2017–Andrea Riquier
When big banks kick off the third-quarter earnings season next week, a familiar theme is likely to dominate: it’s hard to make money in a lower-for-longer world. Mortgage originations will be down for all the banks, according to data from the Mortgage Bankers Association.