Recent

% | $
Quotes you view appear here for quick access.

SunTrust Banks, Inc. Message Board

stephen_dh 43 posts  |  Last Activity: 22 hours ago Member since: Dec 28, 2009
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    BOFI

    by democrattlol Feb 3, 2016 1:22 PM
    stephen_dh stephen_dh 22 hours ago Flag

    demo, I don't see billion harassing anyone on here. He likes to poke your cage and does so on a regular basis. You on the other hand harass everyone that post except jmd.

    As to your comment, "I have tried several times to get this board back to posting info on USB". I can't see that anything that is posted by someone here keeps someone from posting whatever information they want to. If anyone keeps people from posting it would be you. Your non financial post outweigh your harassing post 99-1.

    Please continue to post whenever and whatever you wish. that is what I plan to do.

  • Reply to

    BOFI

    by democrattlol Feb 3, 2016 1:22 PM
    stephen_dh stephen_dh Feb 5, 2016 7:27 PM Flag

    demo, you are probably correct but we are smart enough to know who the KOH on this forum is and it is not billion or gillie.

  • Reply to

    BOFI

    by democrattlol Feb 3, 2016 1:22 PM
    stephen_dh stephen_dh Feb 5, 2016 6:24 PM Flag

    demo, it does not take a genius to know who the KOH is. It only took me a few days of reading to know who harassed all the posters they did not.I would bet a group of fifth graders could look at a couple of months of post on here and pick out the harasser and trasher and it would not be billion or gillie. The elementary kids today would porbably refer to it as bulling.

  • stephen_dh by stephen_dh Feb 5, 2016 6:00 PM Flag

    U.S. Bank said Wednesday it plans to expand its Charlotte-based anti-money laundering division with new hires, a move the bank is making after quietly placing the division here last year.

    U.S. Bank, part of Minneapolis-based U.S. Bancorp, established the enterprise financial crimes compliance division in Charlotte last June when it hired Bank of America compliance executive Lisa Grigg to lead the operation. The division’s operations had been scattered nationwide before Charlotte was chosen as the base.

    Also Wednesday, the bank announced the division will be relocated from Hearst Tower to another uptown office building, 201 S. Tryon St., in order to accommodate the division’s growth.

    The bank said it has signed a lease for about 24,100 square feet in the building, also known as South Tryon Square, where the bank hasn’t been a tenant until now.

    The South Tryon Square space will house 50 to 75 employees, the majority of whom will be new hires, a U.S. Bank spokesman said. The remainder will be relocated from Hearst Tower.

    The spokesman said the move does not affect the amount of space the bank continues to occupy in Hearst Tower.

    It marks U.S. Bank’s latest expansion in Charlotte.

    Last month, the bank tallied about 350 employees in Charlotte across four areas: wholesale banking, compliance, corporate trust and commercial real estate. That’s up from about 100 in 2008.

    On Wednesday, the bank said its Charlotte-area employment is now at about 400.

    U.S. Bank ranks as the nation’s fifth-largest commercial bank by consolidated assets. In Charlotte, the bank doesn’t operate any retail branches.

    Read more here: http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article58262543.html#storylink=cpy

    FWIW

  • In this article, we’ll discuss the new rules issued by the Consumer Financial Protection Bureau (or CFPB), which make it simpler for consumers to obtain mortgages. The rules require that customers receive three business days to review closing disclosure documents and decide on the best mortgage for them.

    Lenders are also required to give consumers more time to review the terms and conditions before the finalization of the mortgage. This will give ample time to mortgage customers to do homework or consult an expert. The Real Estate Settlement Procedures Act (or RESPA) and the Truth in Lending Act (or TILA) are important measures taken in this direction

    At the closing of a mortgage loan, specific disclosures have to be made under the TILA and RESPA. Under RESPA, consumers have the right to receive a “good faith estimate” within three business days of applying for a mortgage loan. In addition, the mortgage consumer has the right to receive the settlement statement one business day before the settlement of the loan.

    The settlement statement, also known as an HUD-1, is a created by the US Department of Housing and Urban Development under the requirement of RESPA.
    Truth in Lending Act

    TILA, which was enforced by the Federal Reserve Board, also requires mortgage lenders to follow the transparency process. Mortgage lenders need to disclose lending terms to customers within three business days of receiving a mortgage loan application.

    This new rule is expected to simplify the procedure and provide more transparency to the mortgage process. Earlier, most consumers’ complaints were about the lack of time to review their documents. The new rule gives customers enough time to review and choose the best mortgage for them. FWIW

  • Reply to

    BOFI

    by democrattlol Feb 3, 2016 1:22 PM
    stephen_dh stephen_dh Feb 4, 2016 6:14 PM Flag

    demo, I don't need any help from gillie and I don't want any help from the forums chief harasser.

    For me it is Rich.

  • Reply to

    Interview

    by stephen_dh Feb 3, 2016 6:10 PM
    stephen_dh stephen_dh Feb 3, 2016 6:40 PM Flag

    Sorry, that was an an AP interview with Rich and they won't post the second half. I tried twice.

  • stephen_dh by stephen_dh Feb 3, 2016 6:10 PM Flag

    Q: Do you think the U.S. economy is ready for higher interest rates?


    Interview with Rich:

    A: I’m definitely positive about the Fed’s decision to move, but much less for the math of than for the symbolism and sentiment it represents. The impact of 25 basis points on the economy almost meaningless. It’s not going to change anyone’s behavior, it’s not going to change our financial performance, but it is a piercing of the veil.

    It suggests that the people who are supposed to be smart about this believe that the economy is moving forward that it can handle the beginning of interest rate increases.

    Q: Some banks began charging more for loans as soon as the Fed acted. Why haven’t they also offered better savings rates to customers?


    A: The value of deposits right now is not high, so if I paid you more for deposits to incentivize you to bring your money here I can’t do anything with it anyway, because I can’t make the loan I want to make. If a bank decides to go ahead and start using those deposits to make loans, they’re going to have into riskier loans to get higher rewards, going into mid-prime or sub-prime loans. It might be a good idea if they really know what they’re doing, but as you recall, it’s exactly what got people in trouble last time. Banks started to get greedy and get outside the bounds of good discipline.


    We aren’t going incentivize new deposits, but at the same time we won’t lose them, so if there were a pricing war, we’d probably respond to that so that we wouldn’t lose our customers. Deposits are nice to have, but not as critical as they will be one day.

    Cont.



    But you better be right if you decide to

  • Reply to

    SA REPORT ON USB.

    by democrattlol Jan 29, 2016 4:27 PM
    stephen_dh stephen_dh Feb 2, 2016 6:22 PM Flag

    Demo, The banks have been hit hard. Share with the board how much each of the top 10 banks would have to go up to reach their 52 week high. This is a financial question which you should be able to answer easy.

  • Reply to

    weird values

    by fsbsgillie Jan 27, 2016 7:53 PM
    stephen_dh stephen_dh Feb 2, 2016 6:15 PM Flag

    demo, any luck with an answer between you harassing post?

  • stephen_dh by stephen_dh Feb 2, 2016 5:32 PM Flag

    Looks like the market continues to punish the banks because of the slow economy and falling oil. At some point there will be a buying opportunity.

  • Reply to

    weird values

    by fsbsgillie Jan 27, 2016 7:53 PM
    stephen_dh stephen_dh Jan 31, 2016 5:46 PM Flag

    The answer seems to have slipped demo's mind.

  • Reply to

    Recession

    by stephen_dh Jan 30, 2016 5:03 PM
    stephen_dh stephen_dh Jan 30, 2016 7:07 PM Flag

    I don't, just though it was an interesting read.

  • stephen_dh by stephen_dh Jan 30, 2016 5:03 PM Flag

    One persons opinion on a recession.

    "The CEO and chief global strategist for Euro Pacific Capital, and noted perma-bear, said that serious economic destruction is just a few months away.

    "I think the Fed is going to have negative interest rates before the election because we're going to be in a serious recession," Schiff told Business Insider on Friday.

    In fact, Schiff said that we may already be in recession and this one is going to be a doozy.

    "We're in worse shape now than we were in 2007," he said.

    Chief among his concerns is a growing bubble of debt that has accumulated in the US, which he said "is even bigger than the real-estate bubble" that burst in 2008.

    He said that there isn't as much debt in the real-estate sector, but the total sum of debt from student loans, auto loans, government debt, and the Fed's balance sheet is massive. According to Schiff, this total is by far bigger than what we saw before either the housing or tech bubbles.

    FWIW

  • Reply to

    weird values

    by fsbsgillie Jan 27, 2016 7:53 PM
    stephen_dh stephen_dh Jan 28, 2016 5:44 PM Flag

    "What do your post show the board?"

    Missed your answer demo.

  • Reply to

    Remember

    by fsbsgillie Jan 19, 2016 7:35 PM
    stephen_dh stephen_dh Jan 27, 2016 5:17 PM Flag

    At least your pal admits that what you post is not the truth.

    What do your post show the board?

  • Reply to

    Remember

    by fsbsgillie Jan 19, 2016 7:35 PM
    stephen_dh stephen_dh Jan 27, 2016 5:17 PM Flag

    What are the duet of you and KOH who you say never post the truth?

  • Reply to

    Remember

    by fsbsgillie Jan 19, 2016 7:35 PM
    stephen_dh stephen_dh Jan 26, 2016 6:23 PM Flag

    demo, your best pal has already posted here that all post by every poster is not the truth. Why continue to get your undies in a wad over an untruthful post.

  • Reply to

    Remember

    by fsbsgillie Jan 19, 2016 7:35 PM
    stephen_dh stephen_dh Jan 25, 2016 6:05 PM Flag

    demo, I can't recall anything of value you have ever posted. Your post mostly consist of bragging about what a great place you live and how who worked for USB. I believe it was proven here with facts that you actually never worked for USB but smaller banks that became a part of USB.

  • Reply to

    Remember

    by fsbsgillie Jan 19, 2016 7:35 PM
    stephen_dh stephen_dh Jan 23, 2016 5:44 PM Flag

    demo, I will not speak for billion and fsb but I add whatever I want to this board. Your pal bro has already stated that nobody post the truth here and that would include you.

STI
32.59-1.73(-5.04%)4:00 PMEST