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University Bancorp (OTCMKTS:UNIB) Shares Up 0.1%

University Bancorp (OTCMKTS:UNIB) Shares Up 0.1%
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Head to Head Review: Luther Burbank (NASDAQ:LBC) & University Bancorp (OTCMKTS:UNIB)

Luther Burbank (NASDAQ:LBC – Free Report) and University Bancorp (OTCMKTS:UNIB – Free Report) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, earnings, risk and institutional ownership. Volatility & Risk Luther Burbank has a beta of […] ....

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Solar for LOs; New Correspondent, Non-QM, Renovation Products; Freddie and Fannie News; Job Numbers Move Mortgage Rates

What’s our Federal Reserve concerned about? I was in a restaurant last night in Truckee, California, and was shown the table and handed the menu. When the waiter came back five minutes later, he said, “While you were deciding, we raised our prices.” Okay, a little inflation exaggeration humor there, but things are certainly always changing. Remember when everyone thought Amazon or Zillow were going to take over lending? Zillow is shuttering its closing and title services division. Something else that always changes is the population: 10,000 people a day turn 62, and many are eligible for a reverse mortgage, and so many lenders and LOs see reverse being a growth field. (Carol Ann Dujanovich, VP/Director of Reverse Mortgage Operations with University Bank, is featured on today’s 30 minute Rundown at 12PM PT on what’s made its Reverse Platform successful over the years.) (Today’s podcast can be found here and this week’s is sponsored by Gal ....

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