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West Bancorporation, Inc. Declares Quarterly Dividend; Fourth Quarter Earnings ...
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"?
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
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
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 ...

Jeffrey Grogin Sells 12000 Shares of PennyMac Financial Services, Inc. (PFSI) Stock

PennyMac Financial Services, Inc. (NYSE:PFSI) insider Jeffrey Grogin sold 12,000 shares of the stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $16.98, for a total transaction of $203,760.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .

PennyMac Financial Services, Inc. ( NYSE:PFSI ) opened at 17.00 on Friday. The company has a market capitalization of $379.25 million, a PE ratio of 6.68 and a beta of 0.56. The firm’s 50 day moving average price is $16.56 and its 200-day moving average price is $16.43. PennyMac Financial Services, Inc. has a 12-month low of $10.50 and a 12-month high of $19.35.

PennyMac Financial Services (NYSE:PFSI) last released its earnings results on Thursday, February 2nd. The real estate investment trust reported $1.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.18. The company earned $289.30 million during the quarter, compared to the consensus estimate of $248.26 million. PennyMac Financial Services had a return on equity of 4.88% and a net margin of 6.76%. PennyMac Financial Services’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS. On average, equities analysts anticipate that PennyMac Financial Services, Inc. will post $2.77 earnings per share for the current fiscal year.

Hilltop Holdings Inc. (HTH) Stock Rating Lowered by Zacks Investment Research

Was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Monday.

According to Zacks, “Hilltop Holdings’ shares outperformed the Zacks categorized Southeast Banks industry, over the last one year. The company’s fourth-quarter 2016 earnings lagged the Zacks Consensus Estimate due to elevated expenses and a rise in provisions. However, higher revenues were a tailwind. The company is expected to continue witnessing organic growth, driven by improving loan and deposit balances. Further, given its strong balance sheet, the company is well poised to grow through acquisitions. Nevertheless, continuously increasing expenses along with pressure on margins remain key concerns for the company. Also, the company’s vast exposure to weather-risk prone areas, such as Texas and Arizona, makes it vulnerable to catastrophic losses.”

Other equities analysts have also issued reports about the stock. Keefe, Bruyette & Woods lowered shares of Hilltop Holdings from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $24.00 to $25.00 in a research report on Monday, October 31st. FBR & Co upped their target price on shares of Hilltop Holdings from $24.00 to $26.00 and gave the stock a “mkt perform” rating in a research report on Friday, October 28th. Finally, Compass Point lowered shares of Hilltop Holdings from a “buy” rating to a “neutral” rating and upped their target price for the stock from $28.00 to $28.50 in a research report on Wednesday, November 23rd. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $27.38.

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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