Flagstar Bancorp, Inc. (NYSE:FBC)
CAPS Rating:
The Company is a savings and loan holding company. Its business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB, a federally chartered stock savings bank.
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Looks like a solid bank in the US. Solid is a relative term in that this bank appears to have survived the banking closure blitz that the financial institutions of America have been under since the US entered this lengthy "depression"/recession. From the looks of it, this bank is simply waiting out the financial panic and should climb as the economy does. Risky play, but looks like more upward movement available than downward.