Flagstar Bank

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Signature Bank of Class Action Lawsuit and Upcoming Deadline – SBNY; SBNYP

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Freitag, Mai 5, 2023

NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.

Key Points: 
  • NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Bank’s business, operations, and prospects.
  • As it established itself, Signature Bank cultivated a reputation of working with wealthy clients, including privately owned businesses, law offices, and real estate buyers.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Signature Bank of Class Action Lawsuit and Upcoming Deadline – SBNY; SBNYP

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Montag, April 24, 2023

NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.

Key Points: 
  • NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Bank’s business, operations, and prospects.
  • As it established itself, Signature Bank cultivated a reputation of working with wealthy clients, including privately owned businesses, law offices, and real estate buyers.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Signature Bank of Class Action Lawsuit and Upcoming Deadline – SBNY; SBNYP

Retrieved on: 
Sonntag, April 16, 2023

NEW YORK, April 16, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.

Key Points: 
  • NEW YORK, April 16, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Signature Bank (“Signature Bank” or the “Bank”) (NASDAQ: SBNY; SBNYP), and certain officers.
  • The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Bank’s business, operations, and prospects.
  • As it established itself, Signature Bank cultivated a reputation of working with wealthy clients, including privately owned businesses, law offices, and real estate buyers.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Maggie's Mission is thrilled to announce Maggie's Bucket List Jump into our Glow for Gold Angelversary Gala

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Freitag, April 14, 2023

NEW YORK, April 14, 2023 /PRNewswire/ -- Maggie's Mission is thrilled to announce Maggie's Bucket List Jump into our Glow for Gold Angelversary Gala, presented by longtime supporters, New York Community Bank, a division of Flagstar Bank, N.A.

Key Points: 
  • The Gala will be held Friday, June 2nd, 6pm -10:00pm
    NEW YORK, April 14, 2023 /PRNewswire/ -- Maggie's Mission is thrilled to announce Maggie's Bucket List Jump into our Glow for Gold Angelversary Gala, presented by longtime supporters, New York Community Bank, a division of Flagstar Bank, N.A.
  • The idea is borrowed from Maggie's Sweet 16 party which was, at her request, a "Glow" party.
  • This year will kickoff with Maggie's Bucket List Skydive Jump with Mike Elliot, retired US Army Golden Knight.
  • Maggie's parents and some of her family and friends have ticked off a few wishes on her bucket list.

NEW YORK COMMUNITY BANCORP, INC. THROUGH ITS BANK SUBSIDIARY, FLAGSTAR BANK, N.A., ACQUIRES CERTAIN ASSETS AND ASSUMES CERTAIN LIABILITIES OF SIGNATURE BRIDGE BANK FROM THE FDIC

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Montag, März 20, 2023

HICKSVILLE, N.Y., March 20, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the "FDIC").  All regulatory approvals, including approval from the OCC, have been obtained, and the transaction has closed. 

Key Points: 
  • (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the "FDIC").
  • The Bank acquired only certain financially and strategically complementary parts of Signature that are intended to enhance our future growth.
  • Included in the $25 billion of cash is $2.7 billion arising from a discounted bid to net asset value.
  • Assumed liabilities approximating $36 billion, including deposits of approximately $34 billion and other liabilities of approximately $2 billion.

HMBradley Partners with Thought Machine to Usher in the Future of Banking

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Mittwoch, März 8, 2023

HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology.

Key Points: 
  • HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology.
  • "We are excited to partner with NYCB and Thought Machine to bring the best of both worlds to our customers,” said Zach Bruhnke, CEO and Co-founder of HMBradley.
  • “We are thrilled to partner with HMBradley to create a long-lasting impact on the banking industry,” said Paul Taylor, CEO of Thought Machine.
  • The new program devised by HMBradley was made possible through its partnerships with both Thought Machine and NYCB.

FLAGSTAR BANK, N.A. PROVIDES $1 MILLION TO ADVANCE APPRAISER DIVERSITY

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Freitag, März 3, 2023

HICKSVILLE, N.Y. and TROY, Mich., March 3, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. today announced that its subsidiary, Flagstar Bank, N.A., has donated $1 million to the Appraiser Diversity Initiative (ADI), a collaboration between the Appraisal Institute, the National Urban League, Fannie Mae, and Freddie Mac. The initiative aims to attract more diverse applicants to the appraisal field, overcome barriers, such as education and access, and provide support to help aspiring appraisers achieve professional success.

Key Points: 
  • "As a leading national originator of home loans, Flagstar is deeply invested in the appraisal business," said Lee Smith, President of Mortgage at Flagstar.
  • "We understand the damaging effects of appraisal bias and the importance of diversity in service professions such as appraisals.
  • "We appreciate the support of Flagstar Bank for this great initiative," said Pamela Perry, Single-Family Vice President of Equitable Housing at Freddie Mac.
  • For more information about the Appraiser Diversity Initiative, please contact Sonia Siemaszko, ADI Coordinator, at [email protected] .

FLAGSTAR BANK, N.A. NOW ACCEPTING APPLICATIONS FOR FOURTH MORTGAGETECH ACCELERATOR

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Dienstag, Februar 28, 2023

HICKSVILLE, N.Y. and TROY, Mich., Feb. 28, 2023 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc., today announced that applications are now open for its fourth MortgageTech Accelerator program.

Key Points: 
  • HICKSVILLE, N.Y. and TROY, Mich., Feb. 28, 2023 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary of New York Community Bancorp, Inc., today announced that applications are now open for its fourth MortgageTech Accelerator program.
  • This national program was designed by Flagstar Bank, the eighth largest bank mortgage originator and sixth largest sub-servicer in the country.
  • The accelerator program focuses exclusively on incubating fintech startups engaged in developing innovative solutions for the mortgage sector.
  • The accelerator program is delivered remotely and is open to any startup applicant who can participate in sessions that will be scheduled in the U.S.

Fairway Mortgage Announces Hire of Veteran Denver Originator Kym Poladsky

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Mittwoch, Februar 22, 2023

MADISON, Wis., Feb. 22, 2023 /PRNewswire/ -- Fairway Independent Mortgage Corporation, the nation's third largest retail mortgage lender, announced today that mortgage veteran Kym Poladsky has joined Fairway in its Denver region working with the Mandie Pallone team.

Key Points: 
  • MADISON, Wis., Feb. 22, 2023 /PRNewswire/ -- Fairway Independent Mortgage Corporation, the nation's third largest retail mortgage lender, announced today that mortgage veteran Kym Poladsky has joined Fairway in its Denver region working with the Mandie Pallone team.
  • "We are beyond excited to have someone like Kym, who is a mortgage legend in our part of Colorado, join us at Fairway," said Fairway Branch Manager Pallone.
  • "Kym is a $70 million plus producer who will fit right into the Fairway culture."
  • "I chose to make a career in residential mortgage lending because I believe homeownership can be a basis for lifetime financial security," said Poladsky.

Freddie Mac Announces 2022 SHARP Award Winners

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Donnerstag, Februar 16, 2023

MCLEAN, Va., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced the nine winners of its 2022 Servicer Honors and Rewards Program ( SHARP )SM, which annually recognizes mortgage loan Servicers for quality servicing, risk management and sustainable homeownership resulting in superior portfolio performance.

Key Points: 
  • MCLEAN, Va., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced the nine winners of its 2022 Servicer Honors and Rewards Program ( SHARP )SM, which annually recognizes mortgage loan Servicers for quality servicing, risk management and sustainable homeownership resulting in superior portfolio performance.
  • The winners represent outstanding customer service and positive efforts to prevent and alleviate loan delinquencies.
  • “Despite ongoing challenges and market fluctuations, our SHARP winners demonstrated peak performance and deserve to be commended for their ongoing efforts,” said Bill Maguire, Freddie Mac’s Vice President of Single-Family Servicing Portfolio Management.
  • Servicers that have more than 20,000 Freddie Mac master-serviced loans are automatically enrolled in SHARP, which provides performance incentives through rewards and recognition.