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Scandle34

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Scandle34

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Thursday, 05/16/2013 7:58:27 AM

Thursday, May 16, 2013 7:58:27 AM

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Mortgage fee revenue up to $33.2M from $25.5M (30%) Y over Y and down from $46.7M Q4/12 (-29%) Q over Q.

Total revenues up to $54.9M from $47.3M (16%) Y over Y and down from $66.7M (-18%) Q over Q.

Fully diluted EPS 
 
 Q1/12  Q2/12  Q3/12  Q4/12  Q1/13 
 .16    .34    .36    .57    .17


So, was Q1 just a bad quarter for mortgages (seasonal variation) or were Q2-Q4 of 2012 an anomaly and a bubble?

May 30th hearing with Lehman Bros on +/-$5M will be significant event in Q2...
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