Page 2 - Lender Services News Today

Operator: Thank you for standing by. My name is Stephanie and I will be your conference operator today.

Finance Of America Companies Inc. (NYSE:FOA – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,570,000 shares, a growth of 36.5% from the June 15th total of 1,150,000 shares. Based on an average daily trading volume, of 189,400 shares, […]

Credit Saison (OTCMKTS:CSASF – Free Report) and Finance Of America Companies (NYSE:FOA – Free Report) are both financial services companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, dividends, risk, institutional ownership, profitability and valuation. Analyst Ratings This is a summary of […]

Dang there’s a lot going on in Texas. One week it’s raining “hail the size of goat balls” (not my term; it was the phrase used by the woman mortgage banker who wrote me), the next week the state is experiencing a heat “dome” while malaria is in the headlines and a San Antonio airport ramp worker was sucked into a jet engine (ruled a suicide). Meanwhile, per the latest report from the Dallas Fed, “Texas home prices have headed steadily higher, a by...

State lawmakers passed more than 170 bills during the 2023 legislative session and many go into effect June 29.

“So, HBO Max is now just ‘Max.’ Your move, Peacock.” Lenders continue to cogitate on their next moves as rates remain stubbornly high and inventory available for sale stubbornly low, and neither appears ready to change much any time in the near future. As I continue to visit with groups of lenders and vendors, lender’s overhead, and how comp figures into that, continues to be a hot topic. STRATMOR’s current blog is titled, “Compensation: Ever Chan...

Weaver Consulting Group purchased a new stake in shares of Finance Of America Companies Inc. (NYSE:FOA – Get Rating) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 46,029 shares of the company’s stock, valued at approximately $57,000. Weaver Consulting Group owned […]

Competition is the mainstay of many businesses and individuals. How does UPS compete to hire drivers for their trucks? One way might be to offer air conditioning, which has been negotiated for the first time. Lenders and vendors are led by competitive people, and several own interests in major or minor league sports franchises, the latest being Stan Middleman & the Phillies. Competition in the food and beverage industry? SF’s Anchor Steam was scaling back, Tupperware is in rou...

Here’s a couple informal reads on the economy. When I have a few extra ducats in my pocket, sometimes I’ll spring for the more expensive Shrimp Alfredo at Olive Garden instead of the cheaper Lasagna Classico. When Freedom Mortgage’s Stan Middleman is faced with a similar situation, instead of buying a couple seats near the dugout of the Philadelphia Phillies, he bought a piece of the entire team. I have some Tupperware that I never bought. You? My Mom went to Tupperware part...

Imagine my surprise at finding tag (like on the playground) is an organized sport. Imagine my surprise at finding two gas stations at the same intersection yesterday in Truckee, California with two different prices for unleaded! Rather than wait for the CFPB to tell me that I could save money by going to the cheapest station, as it did by paying for a study on how different lenders have different mortgage prices, I actually reasoned, all by myself, that I could, and did, buy the least expensive ...