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Coastal Mortgage Services

Otis Elevator at the Coastal Mortgage Building in Cornelius, NC

This is the elevator at the Coastal Mortgage building in Cornelius NC, it is a series 1 Otis.

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Florida Business News

Red tide continues to spread around Southwest Florida

Red tide algae showed up in test samples again this week, according to the Florida Fish and Wildlife Conservation Commission. The state spent millions in 2018 on beach cleanups as well as money into research on how to battle red tide.

Florida Keys neighborhood’s been flooded for over 40 days

The residents of Stillwright Point, a bay side neighborhood in Key Largo, have been dealing with flooded streets since early September, and National Weather Service forecasters say the problem isn't likely to go away until November.

Palm Beach County benefits from 2017 federal tax cut

As high-tax northern states elected to ding their residents for more taxes, the Palm Beach County Business Development Board began knocking on the doors of financiers who lived part-time in the county to sell them on relocating their operations to Florida.

Coastal Investment Advisors Inc. Acquires 2,775 Shares of JPMorgan Chase & Co. (NYSE:JPM)

Here are some recent quotes from research analysts about JPMorgan Chase & Co. stock: 1. According to Zacks Investment Research, "JPMorgan's shares have outperformed the industry over the past six months. The bank has an impressive earnings surprise history. The company has surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Higher rates and improving loan balance will further support the company’s revenues. Also, expansion into new markets by opening branches and focus on strengthening credit card business will go a long way in supporting the company's profitability. Further, the company's steady capital deployments reflect a strong balance sheet position. However, dismal mortgage banking performance, mainly due to lower origination volume and increase in competition, is expected to continue hampering fee income growth. Moreoever, the company's significant dependence on capital markets revenues makes us wary and is exoected to hurt revenues.
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