QUOTE AND NEWS
The Mess That Greenspan Made  Jan 8  Comment 
The folks at the Mortgage Lender Implode-O-Meter made what will probably be the final entry in the page they set aside for California-based FirstFed Financial. Update - 2010-01-07: FirstFed Financial Corp., the former holding company of First...
Bloomberg  Jan 7  Comment 
FirstFed Financial Corp., a savings and loan holding company whose First Federal Bank of California was closed last month by U.S. regulators, filed for Chapter 11 bankruptcy protection.
Motley Fool  Sep 2  Comment 
They may look cheap, but is the timing right?
Bloomberg  Jul 1  Comment 
(Update1) FirstFed Financial Corp., the Los Angeles-based savings and loan operating under a cease-and- desist order since January, has modified $1 billion in mortgages for 2,000 families in its efforts to stay afloat.
Motley Fool  Apr 28  Comment 
They may look cheap, but is the timing right?
The DIV-Net  Sep 4  Comment 
FirstFed Financial Corp (FED) is one the most heavily shorted financial stocks in the market. It is the parent company of First Federal Bank of California, and the bank is considered one of the Option ARM triplets along with Downey Financial...
Prudent Speculations  Aug 27  Comment 
I have been bearish on FirstFed Financial (FED) for sometime and despite the stock’s recent run up and what would appear at first glance to be a slight improvement in the company’s underlying fundamentals, I believe that the short case for the...
The Mess That Greenspan Made  Aug 6  Comment 
Well, First Fed (NYSE:FED) is in the news again. Should anyone be surprised? The Wall Street Journal reports the company is having difficulty with losses as a result of delinquencies on its portfolio of option-ARM loans, most of which were made...
Prudent Speculations  May 29  Comment 
There was a great article on bank failures written by Alistair Barr several days ago over at MarketWatch.  While the whole article was of interest, I found the section describing Gerard Cassidy’s “Texas Ratio” to be especially...
The Mess That Greenspan Made  Feb 6  Comment 
When reading this BusinessWeek report about Santa Monica based mortgage lender FirstFed Financial (FED), it just screamed for some charts to go along with the words and numbers. The company's stock has been soaring lately, up more than 30...





 




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