News

Flagstar is a public company, as was NYCB. In 2022, the bank “negligently made materially misleading statements” about the cyberattack in securities filings and in a notice to customers ...
Flagstar Bank is laying off another 400 or so employees because plans to transfer them to another company have been canceled.
The more-than-400-branch bank, which is also rebranding the company as Flagstar Financial, has now taken a hit as it faces its own financial troubles, after last year acquiring $38.4 billion in ...
The layoffs bring the total number of employees impacted by Flagstar Bank’s sale of its mortgage servicing business and third-party origination platform last year to 637. Company representatives ...
Flagstar Financial, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include ...
Flagstar Bank, N.A., will begin permanent layoffs on ... be directed at kim.bostwick@flagstar.com or 248-312-5605. Parent company Flagstar Financial Inc. is based in Hicksville, New York.
investors had an appetite for Flagstar’s bad debt and by the bank’s projections, profitability was in sight in 2025. “We’re going to look like a completely different company when we end ...
TROY, MI – Over 400 workers will be impacted by layoffs at Flagstar Bank in Metro Detroit. The company announced it plans to lay off 424 employees at its Corporate Drive site in Troy.
Flagstar Bank, with a market ... news, Flagstar Financial Inc. reported its first-quarter 2025 earnings, revealing a narrower-than-expected loss. The company posted an adjusted net loss of $0.23 ...
N.Y. — Flagstar Bank, a subsidiary of Flagstar Financial, will soon close 60 branches across the United States, including three sites located on Staten Island. Company officials have noted that ...
Flagstar Bank is laying off approximately 400 employees after the acquiring company, Mr. Cooper, determined it didn't need as many workers as initially planned. These layoffs are in addition to ...