The Motley Fool: Will Zillow Offers Revolutionize Real Estate?.
https://www.fool.com/investing/2019/09/08/industry-focus-energy-09-05-2019.aspx

The Motley Fool: Will Zillow Offers Revolutionize Real Estate?.
https://www.fool.com/investing/2019/09/08/industry-focus-energy-09-05-2019.aspx

https://beta.washingtonpost.com/business/2019/09/02/commentary-veterans-seeking-mortgages-will-be-hurt-by-governments-plan-hike-va-home-loan-fees/?outputType=amp

https://menafn.com/1098949774/Banks-fire-up-mortgage-machine-for-a-new-refinancing-boom

https://menafn.com/1098949774/Banks-fire-up-mortgage-machine-for-a-new-refinancing-boom

https://menafn.com/1098949774/Banks-fire-up-mortgage-machine-for-a-new-refinancing-boom

https://menafn.com/1098949774/Banks-fire-up-mortgage-machine-for-a-new-refinancing-boom

We are contrasting Flagstar Bancorp Inc. (NYSE:FBC) and Central Federal Corporation (NASDAQ:CFBK) on their risk, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation. They both are Savings & Loans companies, competing one another.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Flagstar Bancorp Inc. 33 1.98 N/A 3.44 10.02
Central Federal Corporation 12 2.09 N/A 1.21 10.07

Demonstrates Flagstar Bancorp Inc. and Central Federal Corporation earnings per share (EPS), gross revenue and valuation. Central Federal Corporation has lower revenue and earnings than Flagstar Bancorp Inc. The company that Presently has a lower price-to-earnings ratio is considered the more affordable of the two businesses. Flagstar Bancorp Inc. is thus currently the affordable of the two stocks because it has a lower price-to-earnings ratio.

Profitability

Table 2 has Flagstar Bancorp Inc. and Central Federal Corporation’s net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
Flagstar Bancorp Inc. 0.00% 12.2% 1%
Central Federal Corporation 0.00% 11.8% 0.8%

Volatility & Risk

Flagstar Bancorp Inc.’s 1.24 beta indicates that its volatility is 24.00% more volatile than that of S&P 500. In other hand, Central Federal Corporation has beta of 0.54 which is 46.00% less volatile than S&P 500.

Insider & Institutional Ownership

The shares of both Flagstar Bancorp Inc. and Central Federal Corporation are owned by institutional investors at 0% and 24.2% respectively. About 0.8% of Flagstar Bancorp Inc.’s share are owned by insiders. Comparatively, 15.7% are Central Federal Corporation’s share owned by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Flagstar Bancorp Inc. -0.78% 3.45% -2.52% 13.16% 0.79% 30.61%
Central Federal Corporation 0.25% 0.95% -4.32% 11.56% -6.8% 4.36%

For the past year Flagstar Bancorp Inc. was more bullish than Central Federal Corporation.

Summary

Flagstar Bancorp Inc. beats on 7 of the 9 factors Central Federal Corporation.

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, home builder finance loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment (HFI) portfolio groups. The companyÂ’s Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan and, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. Its Mortgage Servicing segment offers services and subservices mortgage loans; and residential mortgages HFI and mortgage servicing rights, as well as noninterest-bearing escrow services. At December 31, 2016, the company operated a regional office in Jackson, Michigan; and 99 full services banking branches in Michigan, as well as leased 31 retail offices located in 19 states, 4 wholesale lending offices, and 3 commercial lending offices. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

Source: Reviewing Flagstar Bancorp Inc. (FBC)’s and Central Federal Corporation (NASDAQ:CFBK)’s results | StocksBeat

One of the largest lenders of Chesterfield-based Live Well Financial has begun to chip away at the balance of the nearly $70 million it’s owed by the bankrupt mortgage local company.

Michigan-based Flagstar Bank this month won approval in federal bankruptcy court to take control of a $37 million bond account that Live Well had owned.

That account, held at U.S. Bank, had been used as collateral on a $70 million loan Live Well borrowed from Flagstar in 2017. Live Well defaulted on the loan in May, prior to its seemingly sudden collapse into bankruptcy, which was prompted by a petition from three of its largest lenders, including Flagstar.

Live Well abruptly shut down in early May. (BizSense file photo)

While the Chapter 7 bankruptcy case put a freeze on Live Well’s assets until a trustee could sort out the mess, Flagstar continued to argue in court that it should have the right for a so-called relief from stay, arguing that it rightfully had a secured interest in the bond account.

A judge agreed, allowing the bank to essentially foreclose on the account, liquidate it and use the proceeds toward the $68 million balance that’s owed on the loan.

Flagstar’s beef with Live Well came to a head beginning in June, when it and two other lenders filed a petition aimed at forcing the company into bankruptcy. The three lenders claim they’re collectively owed $130 million by the company, which was founded in 2005 by Richmonder and former Capital One executive Michael Hild. The judge approved the petition in July, despite Live Well’s initial attempt to fend off the creditors and handle the bankruptcy process on its own terms.

Michael Hild (Submitted)

Flagstar also sued Hild, claiming he personally guaranteed the loans. Hild denies the allegations, claiming one of the two loans in question was repaid in June and that he never guaranteed the second note. Hild has asked to be dismissed from the case.

Meanwhile, Live Well’s bankruptcy case continues to play out in Delaware federal court. The company has yet to file a detailed list of its assets, liabilities and creditors.

Live Well was in the business of originating residential mortgages and reverse mortgages, and selling bundles of those mortgage into the secondary securities market. That model helped it become one of the fastest-growing companies in the Richmond area for a time.

While the company has offered little explanation publicly for its abrupt closure, which resulted in the laying off of more than 100 employees, court filings show it was cut off by its lenders, defaulted on loans and fell out of compliance with securities agreements with Fannie Mae and Ginnie Mae.

Court filings also state that Live Well and its representatives, including Hild, were the subject of investigations by the Securities and Exchange Commission. The FBI also had made inquiries into the company, court records state. No details of those investigations have been released.

Source: Lender wins access to $36M in Live Well Financial funds – Richmond BizSense

MarketWatch: Bank of America’s CEO has one simple reason why he doesn’t see a recession looming.
https://www.marketwatch.com/story/bank-of-americas-ceo-has-one-simple-reason-why-he-doesnt-see-a-recession-looming-2019-08-21