Flagstar Bank trims retail mortgage, cuts jobs in wake of merger
New York Community Bancorp president and CEO cites impact of higher mortgage rates resulting from Fed interest rate hikes.
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New York Community Bancorp president and CEO cites impact of higher mortgage rates resulting from Fed interest rate hikes.
The Flagstar Bank layoff notices were handed down Thursday and represented about 10% of all employees at the newly combined bank.
Approaching two years in the making, Flagstar Bank is now part of a New York financial institution. First proposed in late April 2021, the $2.6 billion acquisition of Troy-based Flagstar by New York Community Bank in the New York City area was long-stalled by regulators who sought to take a tougher…
Companies in Michigan, where abortion remains legal due to an injunction blocking a 1931 law that criminalizes the procedure, are mostly shying away from publicly discussing the issue, with few exceptions.
Companies in Michigan, where abortion remains legal due to an injunction blocking a 1931 law that criminalizes the procedure, are mostly shying away from publicly discussing the issue, with few exceptions.