Flagstar Bank completes $1.3bn sale of mortgage servicing business to Mr. Cooper

Pallavi Madhiraju- November 4, 2024 0

In a significant move within the financial sector, Flagstar Bank, N.A., a subsidiary of Flagstar Financial, Inc. (NYSE: FLG), has finalized the sale of its ... Read More

Flagstar Bank cuts 700 jobs as transformation plan reshapes its future—Is your bank account safe?

Pallavi Madhiraju- October 18, 2024 0

Flagstar Bank, a subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB), has revealed significant workforce reductions as part of its ongoing transformation and cost ... Read More

Flagstar Bank’s $1.4bn deal: What Mr. Cooper’s acquisition means for the mortgage industry

Pallavi Madhiraju- July 27, 2024 0

Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, Inc. (NYSE: NYCB), has announced a significant transaction involving the sale of its residential mortgage ... Read More

New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn

Pallavi Madhiraju- April 26, 2021 0

New York Community Bancorp (NYCB) has signed an all-stock deal to acquire Michigan-based Flagstar Bancorp (FBC) for about $2.6 billion. Flagstar Bancorp is a $29.4 ... Read More