Seeking Alpha
  • Cabeza Howe
    $FRC is a solid financial stock to own. It serves high net worth households with median/average net worth of $2.9M/$16.6M, respectively.
    Reply (2)
    • Cabeza Howe: $FRC: client mean and average credit score of 776 and 763, respectively. Net charge-off was just 0.01% of loans in 1H12.
    • Cabeza Howe: $FRC 27-year cumulative losses on single family residential loans were only 0.06%. Profitable ever since inception.
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