Ben StadelmannFMF Capital Group Ltd.FMF.UN.TODON'T BUYJan 30, 2006
This one had a major blow up. It's a very tough field. Management has indicated they are making new changes in line with interest rate changes. Not a field he feels really confident in.
In the non-prime mortgage origination business. Has been really damaged over the past several months. Has been buying at these levels. The yield is now running at 20% plus.