This Bank Is Smiling As Housing Booms
May 5th 2013 10:45AM
Updated May 5th 2013 5:30PM
The U.S. housing market appears to be on the mend. Home prices are rising, and many of the banks have greatly benefited from a more confident American consumer.
Although some banks experienced a boom in the mortgage origination business on the heels of record low interest rates, other banks may stand to benefit as toxic assets slowly regain some value.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer tell investors which bank that isn't a major player in the origination market but still may be smiling as home prices march higher.
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The article This Bank Is Smiling As Housing Booms originally appeared on Fool.com.David Hanson and Matt Koppenheffer have no position in any stocks mentioned. The Motley Fool recommends Wells Fargo and owns shares of Citigroup and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.