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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 ...

Metropolitan Life Insurance Co. NY Has $83,000 Holdings in RBB Bancorp (RBB)

Metropolitan Life Insurance Co. NY grew its stake in RBB Bancorp (NASDAQ:RBB) by 356.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,745 shares of the company’s stock after buying an additional 3,706 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in RBB Bancorp were worth $83,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MetLife Investment Advisors LLC bought a new position in shares of RBB Bancorp in the third quarter worth about $255,000. Renaissance Technologies LLC bought a new position in shares of RBB Bancorp in the third quarter worth about $1,301,000. Polaris Capital Management LLC increased its stake in shares of RBB Bancorp by 12.5% in the third quarter. Polaris Capital Management LLC now owns 142,832 shares of the company’s stock worth $3,499,000 after purchasing an additional 15,900 shares during the period. Vanguard Group Inc increased its stake in shares of RBB Bancorp by 5.0% in the third quarter. Vanguard Group Inc now owns 401,932 shares of the company’s stock worth $9,848,000 after purchasing an additional 19,144 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of RBB Bancorp in the third quarter worth about $334,000. 29.77% of the stock is owned by institutional investors.

Orchid Island Capital (ORC) Announces Earnings Results

A number of equities research analysts have weighed in on ORC shares. Zacks Investment Research raised shares of Orchid Island Capital from a “sell” rating to a “hold” rating in a report on Tuesday, January 1st. ValuEngine raised shares of Orchid Island Capital from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.

Hedge funds have recently bought and sold shares of the business. BNP Paribas Arbitrage SA lifted its stake in Orchid Island Capital by 388.4% during the first quarter. BNP Paribas Arbitrage SA now owns 10,134 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 8,059 shares in the last quarter. Concorde Asset Management LLC acquired a new position in shares of Orchid Island Capital in the 4th quarter valued at about $73,000. Two Sigma Advisers LP acquired a new position in shares of Orchid Island Capital in the 4th quarter valued at about $86,000. Metropolitan Life Insurance Co. NY increased its holdings in shares of Orchid Island Capital by 313.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 14,079 shares of the real estate investment trust’s stock valued at $90,000 after purchasing an additional 10,677 shares during the period. Finally, D. E. Shaw & Co. Inc. acquired a new position in shares of Orchid Island Capital in the 4th quarter valued at about $98,000. 34.81% of the stock is owned by institutional investors.

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?

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