That's a definite possibility..then the other shoe drops for a hit on stock price.. Reluctantly I sold my entire position position today based on that consideration. If you can stay LONG big time, then you might want to add here. I'm out.
Who cares...anyone who thinks stock has a *support level* needs to GET OUT OF INVESTING. Watch and learn there is ZERO SUPPORT and the bag holders are trying to unload, albeit in a controlled manner. What a great short this will be if you can hold on to head fakes .
Sentiment: Strong Sell
Buy target 380? I'll sell it to you for that price bro. It's a my falling knife and you can catch it for me.
We just refied our mortgage and wound up with PennyMac. They then sold the mortgage to Fannie Mae, but retained the servicing as you just described.