Agree Hand, they are a lot better capitalized than I originally thought given part of their operations includes; "commercial construction lending, residential mortgage loans, various savings programs, installment and personal loans, and safe deposit services. The company also provides conventional commercial loans to established commercial businesses...".
I just think they've been hit hard with the CDO disease that all these mortgage back lenders have but could see a nice snap back if investors start to feel comfortable with them again...
You're right, this has a FITB "feel" to it. ;-)
Yep, been on the list for sometime now- pick and choose the plays I'm comfortable with (if I get in on time- I work days so I'm checking the 'puter periodically but can't watch the screen constantly) but they've all been profitable :-D Thanks!
Use the post if you want ;-)
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