Tuesday, June 25, 2013

Why Banks Keep Messing Up With Homeowners

The following video is from Thursday's installment of The Motley Fool's Financials show, in which analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.

In this segment, Matt discusses further accusations against banks that, in terms of foreclosures, they aren't adhering to what was set out in the National Mortgage Settlement. Matt and David talk about why this is concerning, and why it could potentially be a major impediment to progress, as big banks such as Bank of America (NYSE: BAC  ) continue to recover from the financial crisis.

Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.

The relevant video segment can be found between 0:00 and 1:35.

For the full video of today's Financials show, click here.

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