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Referral, Credit, Jumbo, Marketing, Online App Products; Fed Thoughts While Rates Tread Water

While Academy Mortgage is in the headlines again about its data breach and ransomware, from which no company seems immune, remember that, “In a democracy it's your vote that counts. In feudalism it's your count that votes.” Setting mortgage rates isn’t a voting matter, but would you like your voice heard on how Freddie and Fannie price loans? Here’s your chance, as the FHFA is asking for input. It’s one thing for the FHFA or a presidential admin...
United States New York Newport Beach Tim Mcgraw Freddie Mac Aaron Miller

Fulfillment, Benchmark, Servicing, Home Equity Tools; Disaster Updates; More Banks in Turmoil

Inflation? Yes, inflation! Yesterday I flew from San Francisco to Cody, Wyoming for the WMLA Conference, and indulged in a breakfast at SFO of a slice of banana bread and one of those yogurt/granola/berry cups, heavy on the plastic packaging. $14.30! Granted, airport chow is not the most cost-effective way to eat, but still… Jobs and housing drive our economy in the United States, and tomorrow we receive the monthly jobs data. What are they making out there? Serving up slices of banana br...
United States Newport Beach Hoopa Valley Phil Rasori Paul Yarbrough Aaron Miller

Ottawa Bancorp, Inc. (OTCMKTS:OTTW) Sees Large Decrease in Short Interest

Ottawa Bancorp, Inc. (OTCMKTS:OTTW – Get Rating) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 50.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 1,500 shares, […]
Ottawa Bancorp Inc Ottawa Bancorp Ottawa Bancorp Announces Dividend Ottawa Bancorp Stock News Ratings For Ottawa Bancorp Daily Get Rating

Ottawa Bancorp (OTCMKTS:OTTW) versus Northrim BanCorp (NASDAQ:NRIM) Head to Head Review

Ottawa Bancorp (OTCMKTS:OTTW – Get Rating) and Northrim BanCorp (NASDAQ:NRIM – Get Rating) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, risk, earnings and institutional ownership. Valuation & Earnings This table compares Ottawa Bancorp and […]
Ottawa Bancorp Community Banking Northrim Bancorp Ottawa Bancorp Inc News Ratings For Ottawa Bancorp Daily Northrim Bancorp Inc

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Reverse, Servicing Products; Wholesaler News; Bill Cosgrove on Origination Costs

“Ain’t I rough enough? Ain’t I tough enough?” Ain't I rich enough? In love enough?” So Mick Jagger sang. This can apply to many parts of life, but in this case it seems that it is not enough for CRA (Community Reinvestment Act) requirements to apply only to depository institutions. CRA battles within the states are alive and well that apply to non-depository, independent mortgage banks, unfortunately. The MBA has a nice write up on the latest state-spec...
New York United States Freddie Mac Wynn Las Vegas Bill Cosgrove Jason Kwasny

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