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Family First Mortgage

First Family Mortgage Can Save You Money

Conrad Thompson with First Family Mortgage can save you money. Call 425-0105 in the Huntsville, AL area.

JPMorgan Posts Strong Q2 Results, Wells Fargo Wavers

JPMorgan Chase & Co. and Wells Fargo & Company released their second quarter earnings results Friday, with largely positive results at JPMorgan Chase and less positive news from Wells Fargo.

JPMorgan Chase reported $8.3 billion in net income, up from $7.0 billion a year ago but down from $8.7 billion in the first quarter of this year. The bank’s net revenue for the quarter was $28.4 billion, up six percent over the year, with net interest income at $13.6 billion, up 9 percent, while net noninterest income was $14.7 billion, up 4 percent.

Home lending net revenue rose 6 percent to $1.3 billion, “driven by production margin compression and lower net servicing revenue,” according to the bank’s statement.

Mortgage origination volume totaled $23.7 billion for the second quarter, compared to $20.0 billion in the first quarter and $26.2 billion in the second quarter of last year.

Home Bancorp, Inc. (HBCP) Analysts See $0.88 EPS; Graham (GHM) SI Increased By 3.03%

Graham Corporation (NYSE:GHM) had an increase of 3.03% in short interest. GHM’s SI was 302,200 shares in July as released by FINRA. Its up 3.03% from 293,300 shares previously. With 25,800 avg volume, 12 days are for Graham Corporation (NYSE:GHM)’s short sellers to cover GHM’s short positions. The SI to Graham Corporation’s float is 3.18%. The stock decreased 0.73% or $0.19 during the last trading session, reaching $25.75. About 21,218 shares traded. Graham Corporation (NYSE:GHM) has risen 17.15% since July 17, 2017 and is uptrending. It has outperformed by 4.58% the S&P500. Some Historical GHM News: 05/03/2018 – Sen. Inhofe: Inhofe Talks North Korea and Billy Graham on the Radio; 31/05/2018 – Graham says Trump’s criticism is “partially political” and partially “well-placed” in terms of getting Amazon to pay “their fair share of taxes.”; 17/04/2018 – Content and marketing spending is increasing, but Graham said revenue is increasing faster; 07/03/2018 – ENTERPRISE PRODUCTS EVP GRAHAM BACON SPEAKS DURING ANALYST DAY; 19/03/2018 – GOLAR PARTNERS SAYS GRAHAM ROBJOHNS TO STEP DOWN AS CEO; 09/03/2018 – Graham Short-Interest Ratio Rises 166% to 8 Days; 08/04/2018 – Trump Must Back Up Syria Tough Talk or `Look Weak,’ Graham Says; 18/03/2018 – New York Post: Lindsey Graham calls for hearing on McCabe firing; 11/04/2018 – Republican Sens. Thom Tillis and Lindsey Graham, and Democratic Sens. Chris Coons and Cory Booker plan to introduce the legislation Wednesday; 16/04/2018 – Renowned Entrepreneur And Business Leader Judge Graham Signs Exclusive Publishing Deal With Morgan James; Debut Book ‘SCALE wit

Can a family member leave another family member a house with a 1st mortgage still on it in their will?

my mom has a home that she is still paying her first mortgage on, she says that if she passes away she wants to leave me the house in her will so that I would keep it in the family. Would the bank allow that to happen?

The bank would need to be paid off in full before you get the house. You cannot take over another person's mortgage.