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West Bancorporation, Inc. Declares Quarterly Dividend; Fourth Quarter Earnings ...
http://online.wsj.com/article/PR-CO-20140124-907061.html
This year, the volume of loans originated declined due to a slowdown in refinancing activity, so the mix of mortgage loan activity was more heavily weighted to home-purchase loans. This typically results in lower margins than loans attributable to

When Did the Rangers Begin to "Suck"?
http://unclemikesmusings.blogspot.com/2014/01/when-did-rangers-begin-to-suck.html
With Lester Patrick, one of the greatest defensemen of the previous era, as head coach and general manager, the Rangers were successful, every which way, from the start, making the Playoffs in their first season, 1926-27, and then winning the Stanley

Cardinal Announces Fourth Quarter Earnings
http://www.marketwatch.com/story/cardinal-announces-fourth-quarter-earnings-2014-01-22?reflink=MW_news_stmp
In November, the bank completed its branch profitability analysis and decided to close two low performing offices during the 1st quarter of 2014. Mortgage Banking Segment Income Review Cardinal also operates several other subsidiaries: George Mason

Austin mortgage exec to lead new Texas lender
http://www.bizjournals.com/austin/blog/real-estate/2014/01/austin-mortgage-professional-hired-to.html
Cannatti formerly was the Texas area manager for Cherry Creek Mortgage Corp. He held other positions with Network Funding LP, Countrywide Home Loans and 1st Metropolitan Mortgage. He has served as president of the Austin Mortgage Bankers 

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1st Metropolitan Mortgage is the mortgage source for fast, friendly service providers, working hard to maximize your financial resources, and ...

Algebris Investments UK LLP Takes Position in WashingtonFirst Bankshares Inc (WFBI)

Algebris Investments UK LLP acquired a new position in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,000 shares of the bank’s stock, valued at approximately $476,000. Algebris Investments UK LLP owned approximately 0.13% of WashingtonFirst Bankshares as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of WFBI. Bessemer Group Inc. increased its stake in WashingtonFirst Bankshares by 5.0% in the fourth quarter. Bessemer Group Inc. now owns 4,725 shares of the bank’s stock worth $137,000 after buying an additional 225 shares in the last quarter. American International Group Inc. increased its stake in WashingtonFirst Bankshares by 6.8% in the first quarter. American International Group Inc. now owns 5,213 shares of the bank’s stock worth $146,000 after buying an additional 333 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in WashingtonFirst Bankshares by 5.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 6,869 shares of the bank’s stock worth $199,000 after buying an additional 327 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in WashingtonFirst Bankshares by 0.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 7,092 shares of the bank’s stock worth $199,000 after buying an additional 64 shares in the last quarter. Finally, A.R.T. Advisors LLC bought a new stake in WashingtonFirst Bankshares during the fourth quarter worth about $221,000. 45.22% of the stock is owned by institutional investors.

1st Quarter Prices Up in 85 Percent of Metro Areas

The first quarter of 2017 the year saw home prices in large metropolitan areas appreciate at the fastest rate in nearly two years .  The National Association of Realtors® (NAR) said on Monday that prices were up in 85 percent (152 of 178) of the metropolitan statistical areas (MSAs) it tracks, with the median price for an existing single family home gaining 6.9 percent.  Metro prices have now accelerated for three consecutive quarters.

The increase, from a median of $217,200 in the first quarter of 2016 to $232,100, was the most significant gain since the year-over-year growth of 8.2 percent registered in the second quarter of 2015.  The median condominium and cooperative price in the 61 MSAs tracked was $218,600, up 7.1 percent from the first quarter of 2016.  Eighty-five percent of metro areas showed gains in their median condo price from a year ago.

Lawrence Yun, NAR chief economist, says continual supply shortages ignited faster price appreciation across the country in the first quarter. "Prospective buyers poured into the market to start the year, and while their increased presence led to a boost in sales, new listings failed to keep up and hovered around record lows all quarter," he said. "Those able to successfully buy most likely had to outbid others - especially for those in the starter-home market - which in turn quickened price growth to the fastest quarterly pace in almost two years."

My buddy wants me to be a mortgage broker with him, what should I ask for?

He's offering $1000 a month salary plus 30% splits.

He mentioned something like starting at 60% before? But I'm new so he's starting me at 30%?


why on earth would you enter the mortgage business at this time?

I'm unclear about the situation. Are you currently working with this guy and he is starting his own mortgage company?