50% Gains Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 50% Gains Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dale Baker who wrote (30558)	7/18/2002 10:56:21 AM
From: Carl Worth	Read Replies (1) of 118717

considering NFI just started paying dividends a year ago from the data on yahoo, how safe do you think that dividend is longer term? clearly they have benefited from the housing boom and the rash of refinances but do you think that will continue? in reading their last earnings release i like the fact that they say 93% of the mortgages they originated are covered by mortgage insurance so their risks seem to be pretty limited on their loan portfolio eventually the refinances will slow down so then they will have to make most of their money from new mortgages, i don't think the volume of housing transactions will slow down any time soon even if the prices of houses don't escalate as quickly because people will still need to move and younger people will still reach the age where they look to buy their first house while older people's houses will be sold after they pass away, etc. so that part of the business should do fine, just wondering if they can keep their earnings high enough to sustain this dividend or hopefully even increase it long term your thoughts? carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next