I thought I would post this to see if there is anyone else out there on this board. I've owned this stock for almost a year...and they seem to be doing the right kind of things at Flagstar. I live in Michigan and have watched as myself and some of my friends have switched from a another local bank to Flagstar for a variety of reasons. I think they will be increasing their market share by opening many branches in Wal-Mart Stores in Michigan and Indiana. It also has a relative low PE, as compared to other banks their size.
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