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Loan Modification, Short Sale, Foreclosure, Tax & Legal Ramification - Free Workshop: Don Jessup

First Public Event - Loan modification, Short Sale, Foreclosure, Tax & Legal Ramificaiton. Free Homeowner Workshop: April 18, 2009 - Saturday ...

Access National Corporation (NASDAQ:ANCX) Experiences Lighter than Usual Trading Volume

Trading was light with 225 shares changing hands on Tuesday. Overall, volume was down 99.49% under the stocks normal daily volume.

Traders are a little more bullish on the company if you look at the fall in short interest. The stock realized a fall in short interest of -0.23% between September 15, 2017 and September 29, 2017. Short interest fell 582 over that period. Days to cover increased from 6.0 to 7.0 and the percentage of shorted shares was 0.01% on September 29.

Access National Corporation (NASDAQ:ANCX) has been the object of insider buying activity recently. President (subsidiary) Mark D. Moore acquired 23 shares at an average price of $25.14 on Fri the 25th. That brings the President (subsidiary)’s holdings to $312,823 as reported to the SEC.

Additionally, here are a few investment firms who have increased or decreased their stake in (ANCX). Two Sigma Advisers, Lp added to its investment by buying 800 shares an increase of 3.8% as of 06/30/2017. Two Sigma Advisers, Lp currently owns 21,600 shares with a value of $573,000. The total value of its holdings decreased 8.2%. As of the end of the quarter Ubs Group Ag had bought 556 shares growing its stake by 168.5%. The value of the investment in Access National Corporation went from $10,000 to $24,000 a change of $14,000 quarter over quarter.

Opinion VantageScore vs. FICO is about competition, not government mandates

Whalen casts aspersions on the ability of competitive models to score more creditworthy people, citing in a non sequitur, an unrelated blog post by FICO; claims the most important constituency in the "access to credit" debate is Wall Street; and misleadingly attempts to link the data breach at Equifax to the multi-year conversation about competing credit scoring models. In a series of observations short on facts and heavy on conjecture, he misrepresents almost every element of this discussion.

Whalen also asserts that, in his legal opinion, VantageScore is an "illegal attempt to stifle competition." He apparently overlooks a 2009 ruling in the U.S. Federal District Court, which was later affirmed by the Eighth Circuit Court of Appeals, specifically rejecting that exact notion.

In response to a suit filed by FICO, the district court concluded that:

"…Fair Isaac's antitrust claims suffer from a fundamental, indeed fatal, flaw. The alleged conspiracy does not employ tactics that seek to destroy or cut off competition before it even has a chance to take hold; rather, the alleged conspiracy is dependent on convincing the market…that greater value can be realized by switching from FICO scores to VantageScore credit scores. This is the very essence of competition."

Why do you need to input national insurance number on mortgage application? UK?

I have had a mortgage app approved but I was just wondering why you have to input your national insurance number? Is there anything they can find out from the number itself? Would lenders have access to any records from the number?

Its just a way they can confirm who you are, they don't use it to gather any information so it isn't anything for you to worry about.

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