SOURCE: The Bedford Report

The Bedford Report

April 15, 2011 08:16 ET

Savings and Loans Sector Struggles to Resume Growth as Interest Rates Remain Low

The Bedford Report Provides Analyst Research on Flagstar Bancorp & People's United Financial

NEW YORK, NY--(Marketwire - Apr 15, 2011) - In recent quarters most companies in the Savings and Loans industry have been setting aside less money to cover loan losses. More thorough and cautious credit checks have led to fewer delinquent loans and greater financial stability. While the improving margins helped narrow losses among these banks, long-term growth worries still loom. Loan growth has steadily declined due to economic uncertainties. As evident from the high unemployment numbers, companies are not hiring at the pace most analysts expected, while capital spending is way down. The Bedford Report examines the outlook for companies in the Savings & Loans Industry and provides research reports on Flagstar Bancorp, Inc. (NYSE: FBC) and People's United Financial, Inc. (NASDAQ: PBCT). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-FBC
www.bedfordreport.com/2011-04-PBCT

Despite the ongoing economic recovery, several companies within the savings and loans industry are still struggling to resume growth, primarily as a result of low interest rates. Many companies in the industry have warned that unemployment and the increased role of government-owned companies in the mortgage market may weigh on results moving forward.

Housing market reform could create opportunities for companies in the savings and loans industry with marginal debt issues. Smaller banks may be able to originate more housing loans as Washington mulls its options regarding government sponsored enterprises.

The Bedford Report releases regular market updates on the Savings and Loans Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Shares of Flagstar are down more than 90 percent from two years ago. Flagstar Bancorp has struggled as much as any company in the savings and loans industry since the start of the recession due to its heavy presence in the mortgage industry. Earlier this month Assured Guaranty sued Flagstar, seeking more than $100 million in damages, alleging that the bank breached warranties on home equity loan securities it had insured.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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