Tag Archives: Thomas Cangemi

Flagstar mortgages could help NYCB shore up its balance sheet

By | | Uncategorized
Comments Off on Flagstar mortgages could help NYCB shore up its balance sheet

Troubled New York Community Bancorp is reportedly ready to pledge about $5 billion in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital. Continue reading →

Flagstar Bank takes over Signature Bank’s retail branches

By | | Uncategorized
Comments Off on Flagstar Bank takes over Signature Bank’s retail branches

The $2.7 billion deal does not include about $4 billion in crypto-related deposits held by the former Signature Bank’s digital-assets banking business, according to the Federal Deposit Insurance Corp. Continue reading →