Kenneth Schellenberg News Today

/PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") and Flagstar Bancorp, Inc. ("Flagstar") (NYSE: FBC) today announced that they...

Flagstar Bancorp Inc., the holding company for Flagstar Bank, today reported a 64% decrease in year-over-year net income in the first quarter while stating it was the result of a “transitionary period.” The Troy, Mich.-based bank, which provides home loans through a wholesale network of brokers and correspondents in all 50 states and 82 retail locations in 28 states, also reported it had responded to the difficult quarter by cutting costs, including reducing its mortgage staff by 20%. 

/PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") and Flagstar Bancorp, Inc. ("Flagstar") (NYSE: FBC) today announced that they...

Key Highlights - First Quarter 2022 Posted adjusted net income of $55 million, or $1.02 per diluted share, excluding merger-related costs. Leveraged higher...

Key Highlights - First Quarter 2022 Posted adjusted net income of $55 million, or $1.02 per diluted share, excluding merger-related costs. Leveraged higher...

/PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly...

Key Highlights - Fourth Quarter 2020 Net interest income grew by $9 million with lower deposit costs and higher warehouse balances. Mortgage revenue was $232 million as fallout adjusted lock volume and gain on sale margins stayed strong. Asset quality remained solid with low levels of nonperforming loans and an industry-leading coverage ratio. Tangible book value per share reached $38.80 at year-end, representing a 36 percent increase for 2020. Flagstar Bancorp, Inc. (NYSE: FBC), the holding...