Flagstar’s spokesperson did not comment in time for publication. The loans are backed by 27 assets, which are 86 percent rent-stabilized on a weighted average, according to an analysis by The ...

Joseph Otting, who is leading Flagstar's turnaround, said potential buyers may be interested in acquiring the regional bank ...

PH Realty picked up a $61 million loan book tied to six rent-stabilized Bronx properties from PIMCO for more than half off.

“We managed down our exposures through run-off of non-relationship CRE loans, par payoffs, and strategic loan sales,” Flagstar CEO Joseph Otting said in a statement. And despite the bank ...

The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and ...

For instance, loans dropped from $83.63 billion to $ ... or 22.3% per annum. Truly, Flagstar Financial is a somewhat risky turn around prospect. Those who can't handle that risk should certainly ...

Flagstar Bank offers all the major mortgage options (conventional, jumbo, construction and government-backed loans). The lender also offers several discount programs, including discounts for ...

Flagstar Financial Inc.’s stock gained 7% on Friday after the bank picked up at least one analyst upgrade on efforts to strengthen its capital base, as the former New York Community Bank marked ...

Flagstar Financial shares were up 17% to $ ... The decline was driven by a decrease in total loans and leases held for investment, partially offset by an increase in cash and cash equivalents.

Flagstar Financial Inc.’s stock gained 7% ... real-estate exposure and expects its portfolio of nonperforming loans to drop by 30% by the end of the year, and substandard loans to drop by ...