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Guggenheim Securities analyst Eric Wasserstrom asks $BAC if it is seeing stabilization in the competitive area around high FICO auto lending. CFO Paul Donofrio says that the company has not experienced that. $BAC is maintaining its share in auto and is very focused on the prime and superprime. In 1Q16, FICO scores were around 7.74.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.