The Motley Fool

JULY 1, 2023

The SBA will have your back If you've attempted to secure a loan through another financial institution but have been turned down, the SBA will act as your wingman by guaranteeing up to 50% of your loan amount. Lenders are not required to request collateral for loans up to $25,000. Still, you're not alone.

Collateral 225

Collateral Financial Institutions Financing Finance 225

The Motley Fool

DECEMBER 30, 2023

Take advantage of tax credits The federal government offers tax credits of up to $7,500 for buyers of select new EV models and up to $4,000 for buyers of select used EVs. You can check out FuelEconomy.gov to see which models qualify for tax credits. Check with local financial institutions to see if any offer green auto loans.

Financing 130

Financing Finance Collateral Taxes 130

The Motley Fool

JULY 26, 2023

Starting with financial performance, I was extremely pleased with the 300 basis-point gain in operating ROTCE, which hit 11.7% Turning to operations, the servicing team produced excellent results with 182 million in pre-tax income. Originations reported pre-tax income of 38 million, which exceeded the guidance we gave you last quarter.

Mergers and Acquisitions 130

Mergers and Acquisitions Financing Finance Leveraging 130

The Motley Fool

MAY 2, 2024

At the end of March, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7 billion. Net unrealized investment losses and other comprehensive loss in the first quarter of 2024 were $123 million net of taxes compared to net unrealized investment gains of $164 million net of taxes in the same period last year.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

The Motley Fool

FEBRUARY 9, 2024

The WMIH merger brought us 1 billion in deferred tax assets. Next quarter, you'll hear from Mike Weinbach, Mr. Cooper's new president, who brings exceptional leadership experience at some of the most respected financial institutions in the country. At the time, there was skepticism about their value. Welcome, Mike.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

AUGUST 27, 2024

A reconciliation of GAAP non-GAAP results other than with respect to our non-GAAP financial outlook is provided in today's press release and in our shareholder letter. So, I think we put a lot of literature and collateral around the differences between the platforms. But we have not devised any specific takeout programs.

Shareholders 130

Shareholders Best Practices Liabilities Accounting 130

The Motley Fool

OCTOBER 11, 2024

billion with pre-tax margin of 33%. Jeremy Barnum -- Chief Financial Officer Ebrahim, the way I would frame that is not as a risk, but as a reality like we've always emphasized in all of our businesses that we operate in an extremely competitive environment. Then to complete our lines of business, AWM on Page 6.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130