Last Week in Words

MONDAY
"All we're getting them to say is, 'Yes, this is our responsibility and we've taken responsibility for it.' "

Kurt Pfotenhauer, head of the American Land Title Association, addressing strains between title insurers and lenders. TUESDAY
"What Jeff now has to do is not just bring in his mobile technology smarts but convince the board of Huntington Bank to drop a lot of money into identifying the next mobile remote deposit capture — what is it that could set Huntington apart in a way that USAA has."

James Van Dyke, president of Javelin Strategy and Research, on whether Huntington's hiring of Jeff Dennes, formerly USAA's mobile banking guru, will change the culture at the Ohio bank. WEDNESDAY
"The one thing that we want to be clear is that when we look at the rep and warranty claims … we're not going to put this behind us to make us feel good. We're going to make sure that we'll pay when due but not just do a settlement to move the matter behind us."

Brian Moynihan, B of A's CEO, saying it will contest some mortgage repurchase demands. THURSDAY
"I think it does indicate at least the first signs … of some recovery. … It's not a trend yet. Confidence is starting to return, but it's very early in the process."

Andrew Cecere, U.S. Bancorp CFO, on its 1% increase in average commercial loans from the second to the third quarter. FRIDAY
"Fresh capital can really take the bank off the ledge, but investors have to know that it is going to take time to work through the real estate, instill a new credit culture and rebuild."

Charles Crowley, Paragon Capital Group principal, on capitalizations.
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