@qa, Isn't that why the bank hired BE and TK? They were the AI experts to bring on the era of financial agents?
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@qa is that really better than the lists at bonus sites like Doctor of Credit?
What is bad for business is Meta's agent that can scour for deposit deals and help customers switch. Deposit costs will go up across the industry. WF more so because we are light years behind technologically.
The best things to look at are the affordability index and the payment to income ratios. Both of which are in the worst in 25+ years.
https://www.nar.realtor/news/economists-outlook/trends-in-housing-affordability-who-can-currently-afford-to-buy-a-home
@e5 - you mean the war that he was never going to get us into, the war that would be over in 4 weeks, or the war that we have won 7 or 8 times now?
I'd love to go back in time and pay 12% on a 30 year for a 50k house, instead of 3% on a 30 year for a 800k house....
@eq Wrong as usual.
I’m winning, left wells for a higher paying job a while ago. My finances are booming.
Or I could have just been like you and whine about my life and not change it while blaming everyone else but myself. But you do you and be miserable ✌️
I’m also adult enough to know I will never pull for Iran and their lies.
@e9 The regulators are the ones that eviscerated the mortage business by requiring too much capital. Wells (and other banks) decided to exit a lot of hone lending. Now a lot of lending is "private credit." May change, the regulators reduced capital requirements, but probably not enough.
Shart eviscerated the mortgage business so what does he care about rates. He thinks paying celebs to shill the credit cards is the way to go.
@e5 HA HA HA HA HA so much winning
@e4 https://www.usinflationcalculator.com/inflation/current-inflation-rates/ Drink some more Kool-Aid, or is that Fool-Aid? Inflation under Trump (2024-2026) has been half what it was under Biden. Get off CNN, MSN, and all the other doomsayers
@dr And what have admin actions/policies done re: inflation and rates?
Oh yeah, stupid war in Iran, trade wars, deficits blowing up --> driving inflation.
@b6 Winning bigly! Also, keeping that 'no new wars' promise is sure helping the economy!
This bank is not run by smart people. When you actually realize this, things are pretty clear.
Good for banks, not good for customers.
Armed with a sociology degree and terminal short sightedness, Charlie plunged into credit cards and investment banking at the peak of the cycle. Worse, he staffed the enterprise with cut-rate Indians whose cognitive deficits are rivaled only by their unearned vanity. It is mathematically guaranteed self-destruction. When the CRO runs off, that's a red flag.
Good thing Charlie made those hotcake credit cards our core profit-generating product.