Thu, Dec 25, 2014, 10:03 AM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

CapitalSource Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • iamthelaw1211 iamthelaw1211 Mar 13, 2008 3:11 PM Flag

    Josh Peters

    CSE has a huge rediscount portfolio in FL, and NV. Why would you invest in a firm with land loans and lot loans in FL (huge concentration) as well as condo conversions in a multi-billion CRE portfolio in reserve status with limited take out and no personal guarantees.

    They do lot loans in the Bahamas..DOG

    SELL SELL SELL!!!!!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I am not sure what you are talking about. Can you reference your source of information? \

      Rediscount as I understand it is loaning money to other financial institutions. CSE is very dilligent in monitoring these institutions and their ability to pay and quickly (some would say over aggressively) acts to not lose money at the first sign of trouble.

      With regards to commercial finance lending on condo conversions, CSE pulled back from lending on those in 2006 and has experienced their typically low default rates on these loans.

 
CSE
15.500.00(0.00%)Apr 7 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.