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Cincinnati, Ohio-headquartered $FITB said its average loan and lease balances rose $1.8Bil, or 2%, from 2Q15. The rise was driven by increased commercial and industrial, residential mortgage and commercial construction loans, the bank said.
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.