Covenant-- Point settled & Statute of Limitations is past on any other actions ((If there were any))
Arent you looking forward to NovaSTARS quarterly Report?? You are a Long aren't you?
People are Saying: "We use StreetLinks because they consistently outperform the rest. In the AMC world, they are a breath of fresh air." - Rich Hoffmann, First VP, Flagstar Bank "[With StreetLinks] You are done shopping. You have found the best." - Dan Reynoldson, VP, North American Savings Bank Appraisal and Real Estate Valuation Management Services Operations
(dollars in thousands, except unit amounts)
For the Year Ended December 31,
2011 2010
Total Per Unit Total Per Unit
Completed orders (units) 315,726 204,786
Service fee income $ 119,387 $ 378 $ 75,168 $ 367
Cost of services 104,177 330 66,475 324
Selling, general and administrative
expense 8,967 28 4,940 24
Other expense (income) 44 - (65 ) -
Other income 195 1 15 -
Net income 6,394 21 3,833 19
Less: Net (loss) income
attributable to noncontrolling
interests (107 ) - 321 2
Net income (loss) attributable to
NFI $ 6,501 $ 21 $ 3,512 $ 17
The substantial increase in order volume is mainly due to aggressive sales efforts, which led to significant increases in the number of mortgage lender customers, along with gaining additional order volume from existing customers. We continue to develop new products that will further diversify StreetLinks' product offerings. The Company expects cash flows to continue to increase in the future due to a larger customer base and further operating efficiencies.
Pretty dam Impressive $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$"StreetLinks earned our business because they deliver results consistently." - Michael Keleher, President, Royal United MortgageKirby"I have been appraising for over ten years and I have to say, StreetLinks is the best company I have worked with." - Chris Clayton, Clayton Appraisals "StreetLinks is at the top compared to other appraisal management companies that I work with." - Steve Grimmett, SDA Appraisal Group "SCORe helps us identify potential high risk appraisals." - Laura Brandao, Director of Operations-Wholesale, American Financial Resources, Inc. |
