Flagstar Financial is selling a portfolio of loans, with some executed after a 2019 New York state law curbed rental income ...

A rent freeze could lower the value of Flagstar's multi-family housing loans, though the extent of the potential impact is ...

On the anniversary of New York Community Bank’s notorious first-quarter earnings flop, the lender, now Flagstar Financial, is still working to purge the bad debt that nearly sank the bank last year.

Struggling New York Community Bancorp Inc. is laying off about 700 workers at its Flagstar Bank subsidiary “as part of its strategic transformation plan,” according to the Hicksville company.

Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.

Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.

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 ...

Flagstar Bank is laying off approximately 400 employees after the acquiring company, Mr. Cooper, ... In late 2022, Flagstar was acquired by New York Community Bancorp., ...

Hicksville-based New York Community Bancorp, parent of Flagstar Bank, is laying off 700, selling operations that employ another 1,200 and taking a $20 million hit in the latest chapter of one of ...

FILE - A New York Community Bank branch is in upper Manhattan in New York on February 9, 2024. (AP Photo/Ted Shaffrey, File) Struggling New York Community Bancorp said Friday that it was cutting 700 ...

Struggling New York Community Bancorp said it's cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.

Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.