10 Things You Need to Know:
1. Income increasing by 91.6 percent to $204.9 million, compared to $106.9 million in the prior quarter
2. Residential first mortgage originations, which are comprised of agency-eligible residential first mortgages, increased to $11.2 billion during Q1, compared to $10.2 billion in Q4 2011.
3. Loan sales also increased for the first quarter 2012 to $10.8 billion, compared to $10.5 billion for the fourth quarter 2011
4. Gain on loan sale margin increased to 1.89 percent for the first quarter 2012, compared to 1.02 percent for the fourth quarter 2011.
5. Mortgage rate lock commitments increased 32.4 percent to $14.9 billion during the first quarter 2012, compared to $11.2 billion during the fourth quarter 2011.
6. For the year, earnings-per-share growth is up 85.27% for Flagstar Bancorp. Over the next year, this is expected to continue with earnings-per-share growth increasing by another 122.20%. On a quarterly basis, earnings-per-share growth has jumped by 80.94%
7. CEO has purchased a 100 thousand shares just since January of this year and not a single insider has sold anything.
8 FBC is above the 50 (.89) and 200 (.72) Day MA on the daily chart.
9.FBC is up 90.20% for 2012. - The trend is your friend.
10. Institutions own almost 80% of the shares of Flagstar Bancorp
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http://deltatrader.blogspot.com/ - Delta Trader Blog
2nd Place In The Lion Stock Portfolio Contest
1 Month Stock Portfolio Performance = 325%
Portfolio Performance -- New Portfolio Started March 3rd.
UPDATE - April 9th -
39 Day performance
Total Stock Gains: 2216%
Average Stock Gains: 24%
Pick Accuracy: 98.89%
| Top User Portfolios [ Last 30 Days ] | | User ID | Accuracy | Avg Gain | Total Gain | | 1. DELTA | 98% | 24% | 2216% |
| Top User Portfolios [ Last 90 Days ] | | User ID | Accuracy | Avg Gain | Total Gain | | 1. DELTA | 98% | 24% | 2216% | | 2. T1aris | 100% | 66% | 1597% |
Disclaimer & Disclosure
ALL investors are advised to conduct their own independent research before making a purchase decision. There are always two stock experts on any given stock...One says it will go up, the other down....If you can't lose it....don't choose it.
"Statistics always lie and estimates are always wrong!!
"The time to buy is when blood is running in the streets." Baron Nathan Rothschild | |
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