anastos

Downey's Aversion to Home Equity, Construction Lending: Key to Its Survival

We're still talking about DSL? This thing had a fork stuck in it months ago....I wouldn't get near it with your money and someone else trading it.

Downey Financial's Cushion Not So Soft After All

I have a friend in the banking industry and it they won't even take calls from Downey anymore. When a company thinks CFC is a good buy but keeps putting your calls into VM, that's all I need to know about the metrics of their business. Wez is dead right on this.