AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-109676679/mortgage-firm-enjoys-solid.html" title="Facts and information about Mortgage Firm Enjoys Solid Asset Growth.(B)(NYSE STOCKS IN THE NEWS)">Mortgage Firm Enjoys Solid Asset Growth.(B)(NYSE STOCKS IN THE NEWS)</a>
Close
Set up an RSS feed that alerts you when new articles from Investor's Business Daily are available.
Frequently asked questions about RSS feeds
Mortgage Firm Enjoys Solid Asset Growth.(B)(NYSE STOCKS IN THE NEWS)
Byline: David Saito-Chung
Flagstar Bancorp, featured here on Oct. 27, surged past its pivot point of 23.70 on volume 77% higher than its 50-day average. The stock's Relative Strength line is rising, but has still yet to enter new high ground. The RS line plots a stock's performance vs. the S&P 500 large-cap index. Generally, you'd like to see this line hit new highs as a stock breaks out of a base.
The Troy, Mich.-based mortgage lender has loan centers in 21 states and 14 correspondent lending offices across the nation. In the third quarter, Flagstar's deposits grew 7.5% from the previous quarter to $5.7 billion. Nonperforming loans ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- SCBT Financial Corporation Reports Record Net Income for the Second Quarter of...
- Press release article from: Business Wire July 15, 2008 700+ words
...Diluted earnings per share of $0.60 --Solid asset quality * NPAs: 0.31% of total assets...income, strong loan growth and continued solid asset quality for the second quarter and on...2008 and 2007, respectively. "With solid asset quality, strong loan growth, and a...
- Oak Ridge Financial Services Announces "Near Record" Second Quarter Net Income...
- Press release article from: Business Wire August 8, 2008 700+ words
...quarter of 2008. Our efforts during the first and second quarters of 2008 to increase our net interest margin and maintain our solid asset quality really paid off for us in the second quarter. On a sequential quarterly basis, our margin improved from 3.00...
- New York Community Bancorp, Inc. Reports 2nd Quarter 2008 Results Reflecting...
- Press release article from: Business Wire July 23, 2008 700+ words
...charge on the remaining $3.3 billion of prepaid wholesale and other borrowings was recorded in non-interest expense. * Solid Asset Quality: Non-performing assets represented 0.10% of total assets at the close of the quarter, while non-performing...
- Port Financial Corp. Reports Record Fourth Quarter Results on Strong Mortgage...
- Press release article from: Business Wire January 22, 2003 700+ words
...from the sale of mortgages into the secondary market. Our business plan - growing profitable core deposits and maintaining solid asset quality - continues to serve our shareholders well." Asset quality remained good, with non-performing loans totaling...
- SVB Reports Solid Asset Growth, Bolsters Reserves During 2nd Quarter.
- Press release article from: PR Newswire July 27, 2009 700+ words
SONOMA, Calif., July 27 /PRNewswire-FirstCall/ -- Sonoma Valley Bancorp (BULLETIN BOARD: SBNK) , the holding company for Sonoma Valley Bank, posted record total assets of $343 million at June 30, 2009 up 12.9% from $303 million as of June 30, 2008. Loans net of reserves reached $278 million, up
- Redwood Chemical Adds Solid Asset and Revenue Base with Acquisition of Wellness...
- Press release article from: Business Wire April 8, 2003 700+ words
Business Editors HOUSTONBUSINESS WIREApril 8, 2003 Wellness America Online (OTC-PK Symbol: WAME) announces it has merged with Redwood Chemical a privately held company, which also acquired Blasetti Foods, a Bronx New York based company. Blasetti Foods has produced a full line of fresh frozen
- Tower Financial Posts Q2 Profit, Solid Asset, Deposit & Loan Growth.
- Press release article from: PR Newswire July 18, 2000 700+ words
FORT WAYNE, Ind., July 18 /PRNewswire/ -- Tower Financial Corp. (OTC Bulletin Board: TOFC) posted its first quarterly profit, along with strong growth in assets, deposits and lending for its second quarter, Donald F. Schenkel, President and Chief Executive Officer, announced today. Tower Financial
- First American Bank Announces Improved Pretax Profits, Solid Asset Growth, And...
- Press release article from: PR Newswire January 22, 2002 700+ words
ROSEMEAD, Calif. -- First American Bank (BULLETIN BOARD: FTAB) advanced through 2001 with pretax earnings of $4.1 million, a 63% increase over 2000 and 286% above that of 1999, while operating in a much lower interest rate environment than in both prior years. Amid an unprecedented 50% decline in