Flagstar Financial anticipates profitability by Q4 2025, as its efforts to reduce exposure to troubled commercial real estate loans show results. Under CEO Joseph Otting, the bank has undergone ...
New York Community Bancorp has agreed to pay its new Chief Executive Joseph Otting $1.25 million and a bonus off up to $4.5 million a year, as he takes the helm of the struggling lender ...
Joseph Otting; Executive Chairman, President, and Chief Executive Officer; Flagstar Financial Inc Lee Smith; Senior Executive Vice President and Chief Financial Officer; Flagstar Financial Inc ...
Flagstar Financial said on Thursday it expects to turn profitable in the fourth quarter of 2025, in a sign that the lender's efforts to cut its big exposure to embattled commercial real estate loans ...