Thursday, December 13, 2007

BankUnited (BKUNA) Negative Amortization Update

Here are some quick notes I took regarding negative amortization at BankUnited (BKUNA) during the past couple quarters.




I'll write more on this later - I just wanted to post these statistics before I forgot.

I don't have as much anecdotal experience with BKUNA as I do with Downey. Please comment if you have anything to add.

Disclosure: Author is short BankUnited (BKUNA).

1 comment:

Anonymous said...

Is it still a good short? What is your opinion. Is bkuna pretty much going to go rags soon.