SOURCE: Wall Street News Alert

Wall Street News Alert

June 22, 2010 08:38 ET

Wall Street News Alert: Stock on the Move: EXPU - June 22, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - June 22, 2010) -  Wall Street News Alert's "stocks to watch" this morning are: Expert Group, Inc. (PINKSHEETS: EXPU), Flagstar Bancorp, Inc. (NYSE: FBC), Bank of America Corporation (NYSE: BAC) and Fannie Mae (NYSE: FNM).

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Yesterday after the markets closed, Expert Group, Inc. (PINKSHEETS: EXPU) issued a press release announcing that it has just added Flagstar Bank to its list of wholesale lenders. As part of the agreement, Expert Financing will act as a reseller of Flagstar's Loan Programs.

With $16.8 billion in total assets, Flagstar Bank is the largest savings bank in the Midwest and the largest financial institution headquartered in Michigan. On March 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 23 home loan centers in 14 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. Flagstar originates home loans nationwide and is one of the leading home originators of residential mortgage loans.

Robert Rico concludes, "On June 18, 2010 Expert Financing's application was approved. Expert Financing can offer its clients Flagstar's competitive rates. Expert now has access to innovative products and programs, including affordable financing only available to brokers of Flagstar. We are delighted to represent the products of Flagstar and will continue to align ourselves with today's top lenders to offer our client the best home loan solution available in the market. Expert represents some of the largest lending institutions in the world including Bank of America, Wells Fargo and Am Trust to name a few."

The stock closed yesterday at a Penny a share.

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Flagstar Bancorp, Inc. (NYSE: FBC) up 2.36% on 891,878 shares traded.
Flagstar Bancorp, Inc., with $14.3 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest. At March 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 23 home loan centers in 14 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans.

Bank of America Corporation (NYSE: BAC) down 0.19% on 109 million shares traded.
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Fannie Mae (NYSE: FNM) up 17.14% on 68.8 million shares traded.
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market.

Market Commentary:
Gold hit a record high early in the day. It climbed as high as $1,266.50 an ounce before pulling back to $1,241.10 an ounce.

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Wall Street Capital Funding LLC (WSCF), also doing business as Wall Street News Alert maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release may or may not have approved the statements made in this release and may or may not have approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information, information supplied by third parties or WSCF's own research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. To comply with Section 17(b) of the Securities Act of 1933, WSCF is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for Expert Group, Inc. (PINKSHEETS: EXPU), WSCF has been compensated Twenty Thousand Dollars by the company. WSCF holds no shares of the stock. WSCF may receive compensation for future services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. In the event of any receipt of such shares, full disclosure would be shown above. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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