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Tuesday, July 17, 2007 2:44:56 PM
1) they are beating their initial projections and adjusting future ones higher
2) They have met the numbers and are adjsuting higher
3) They will be short on their projections but by landing the deal with insurance provider to provide a financial grade wrap and other possible adjustments based on this years experience the future projections are ....
Of course the first two are preferable, but even the third I wouldnot mind seeing if they are closing loans at a repectable rate. Then I would see this still as a long term hold.
What I do not want to hear is that they are having a problem getting applications approved based on tough requirements or something of that nature.
Just some thoughts and waiting to see what the actual report reveals. GL
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