A Texas private equity firm has acquired a troubled New York City loan portfolio from Flagstar Financial. Flagstar, previously New York Community Bank (NYCB), sold eight subperforming loans on New ...

Flagstar Financial is still trying to pare down its books. The successor to the embattled New York Community Bank marketed a portfolio of 10 rent-stabilized buildings in the Bronx this month with a ...

In a sign of just how badly Flagstar Bank wants to reduce its exposure to rent-stabilized buildings in New York City, it offered one of its borrowers a nearly $5M discount if it could refinance its ...

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.

Flagstar Bank has filed four separate pre-foreclosure actions against more than half of Pinnacle Group’s residential portfolio over a group of loans totaling more than $600 million, according to ...

The rally in Flagstar Financial Inc's (NYSE:FLG) stock due to a smaller-than-expected core loss of 23 cents per share, versus consensus of 29 cents per share, seems overdone, according to JPMorgan.

Joseph M. Otting, President, CEO & Executive Chairman, opened the call stating management is "very pleased with our operating results achieved during the second quarter," noting progress on C&I growth ...