Comerica airs plan to exit mortgage finance business by year-end, stock rises

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Comerica Inc. stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It’s part of...

Comerica Inc. CMA stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It’s part of an overall focus on “selective loan growth” at the bank, according to a presentation it’s making Tuesday at the Morgan Stanley U.S. Financials, Payments and CRE Conference.

... Comerica Inc. CMA stock is up 4.6% after it said in a filing it plans to organically exit the mortgage bank finance business by the end of the year. It’s part of an overall focus on “selective loan growth” at the bank, according to a presentation it’s making Tuesday at the Morgan Stanley U.S. Financials, Payments and CRE Conference.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shyft Group stock up 3% premarket after company announces CEO transition planSpecialty vehicle manufacturing company Shyft Group Inc.’s stock rose 3% premarket Monday, after the company announced a leadership transition plan. The...
Source: MarketWatch - 🏆 3. / 97 Read more »