RE:Collateral DamageLostchannel wrote: A good company but the alternative mortgage game has now changed. This is either a time to get out with something or take advantage and add to the position as it may simply be a drop in share value due to the other idiots. Any opinion?
I honesty dont know a lot about high yield savings accounts or if FC even has those, but I think they do. Money is likely coming out, but not likely to the extent it has with HCG as they were being investigated by the OSC... I like FC and they have been a stable investment since before the 2008 US fiasco... Not sure if this is the time to get in or out. I am currently out... but if there is a recession in Canada or if rates start going up how will this affect FC? will property values drop and they be left with a bunch of defaults? I have these quesitons myself actually.....