Rising credit quality concerns, concentrated exposure to troubled sectors like commercial real estate (CRE), and underlying ...
Flagstar Financial, a rebranded name for New York Community Bank (NYCB), is eyeing the sale of $343 million worth of troubled New York City loans on its balance sheet. The company, which changed from ...
Why Flagstar Bank National Association Is Back On Investors’ Radar Flagstar Bank National Association (FLG) is drawing fresh attention after its latest financial report showed a year on year revenue ...
With a reputation as a mortgage lender that will close your home fast and on time, Flagstar Bank is worth considering for a home loan. In some cases, buyers can complete a home closing in as little as ...
Flagstar Bank is laying off 1,900 people and taking a $20 million hit — but just two years ago, it was experiencing more financial success than ever. Here’s a closer look at what exactly happened to ...
In the year since Flagstar Financial, the recent rebrand of New York Community Bank, flirted with failure, the bedraggled lender has worked to unwind itself from the rent-stabilized debt that drove ...
Jim Linnane, the former head of retail at Stearns Lending, has joined Flagstar Bank as the president of the company’s distributed retail mortgage division. Linnane, who worked at Wells Fargo for 15 ...
Flagstar Financial's stock price rose sharply Thursday after the Long Island-based company reported better-than-expected quarterly results and said it could return to profitability this year. Shares ...
When I am bored, I dream about designing an entirely new secondary market for loans. And then I think about designing an entirely new medical insurance process & program, airline ticketing scheme, and ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...