Based on yesterday's Quarterly results the negitive price action
of the Shres was totally unwarrented!!! See summary of really GOOD results:
"New York Community Bancorp (NYSE:NYB) reported their third quarter earnings per share of $0.32 which beats their previous one by $0.03 and revenues of $284.9 million which are off expectations by $2 million. Mortgage banking income was a highlight at $52.6 million, it doubled since last year. Net interest margin was reported at 3.17%."