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At Sept. 30, 2015, approx. 3.8% of the outstanding balances of residential mortgage loans were in the interest-only phase vs. 5.3% at 4Q14-end. Within the next 3 years approx. 89.6% of interest-only balances will begin amortizing for $BBT. Approx. 2% of interest-only loans are 30 days or more past due and still accruing and 1.5% are on nonaccrual.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.