Flagstar Bank

Needham Bank Announces Retirement of Longtime Executive and Chairman of the Board Jack McGeorge; President and CEO Joe Campanelli Elected as Chairman of the Board

Retrieved on:

Dienstag, Juli 12, 2022

Technology, DIF, Flagstar, Acquisition, FleetBoston Financial, Leadership, Multimedia, Bank, Small business, CEO, Flagstar Bank, Banks Board Bureau, Director, Time, Builder, Board, FDIC, Santander Bank, Management

Jack, who joined Needham Bank in 1975, served as President and CEO from 2006 to 2015.

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Jack, who joined Needham Bank in 1975, served as President and CEO from 2006 to 2015.
Joe Campanelli joined Needham Bank in 2017 as Chief Executive Officer after a long and distinguished career building successful business at commercial banks including Hartford National Bank, Shawmut Bank, Fleet Bank, Sovereign Bank and Flagstar.
As Chairman, CEO and Director of Flagstar Bank, Joe led a turnaround to restore the bank to profitability.
Known as the "Builder's Bank," Needham Bank has been helping individuals, businesses and non-profits build for their futures since 1892.

Circle Partners with New York Community Bancorp Inc. to Custody USDC Reserves and Invest in Community-Based Initiatives

Retrieved on:

Dienstag, Juni 28, 2022

BOSTON, June 28, 2022 /PRNewswire/ -- Today, Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), has announced a custody partnership with New York Community Bancorp, Inc. (NYSE: NYCB). Under this agreement, NYCB's bank subsidiary, New York Community Bank, will become a custodian for USDC reserves. Additionally, the two organizations will work together to create strategies utilizing Circle blockchain and stablecoin solutions to promote access to low-cost financial solutions for underserved and unbanked communities. Additionally, the plan will develop support for Minority-owned Depository Institutions (MDIs) where additional reserves may be held. New York Community is the first community bank approved by Circle to serve as a custodian for USDC reserves.

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Under this agreement, NYCB's bank subsidiary, New York Community Bank, will become a custodian for USDC reserves.
New York Community is the first community bank approved by Circle to serve as a custodian for USDC reserves.
The move is part of the company's commitment to allocate a share of USDC dollar-denominated reserves to MDIs and Community Banks across the country.
Based in Hicksville, N.Y., New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank.

Federman & Sherwood Investigates Flagstar Bank (Flagstar Bancorp, Inc.) for Data Breach

Retrieved on:

Freitag, Juni 24, 2022

Class Action Lawsuit, Professional Services, Legal, Social Security, Noam Federman, Environment, Sherwood, NYSE, FBC, Flagstar Bank, Name

The law firm of Federman & Sherwood has initiated an investigation into Flagstar Bank [NYSE: FBC] with respect to a data breach.

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The law firm of Federman & Sherwood has initiated an investigation into Flagstar Bank [NYSE: FBC] with respect to a data breach.
On June 17, 2022, Flagstar Bank reported that they recently experienced a cyber incident that involved unauthorized access to their network.
In response, Flagstar promptly took steps to secure its environment and investigate the incident with the assistance of third-party forensic experts.
Flagstar Bank, a national bank with approximately 158 locations across 5 U.S. states, has acknowledged a breach affecting 1,547,169 customers' files containing customer data that included names and/or personal identifiers including their social security numbers.

WOLF HALDENSTEIN ADLER FREEMAN & HERZ LLP: Flagstar Bank Data Breach Alert

Retrieved on:

Donnerstag, Juni 23, 2022

GLOBE, Flagstar Bank, Sale, Name, Advertising, Flagstar, Telephone, Social Security number, Social, Online shopping

NEW YORK and CHICAGO, June 23, 2022 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on behalf of customers of Flagstar Bank whose information may have been stolen in a data breach from December 2021.

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NEW YORK and CHICAGO, June 23, 2022 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on behalf of customers of Flagstar Bank whose information may have been stolen in a data breach from December 2021.
Flagstar is notifying customers that their personal information, including at least their full names and Social Security Numbers, may have been stolen as part of a recent hack.
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of consumer rights litigation in state and federal trial and appellate courts across the country.
Courts have repeatedly recognized the reputation and expertise of this firm and have appointed it to major positions in complex consolidated litigation.

Association of Independent Mortgage Experts Expands 2022 Sponsorships

Retrieved on:

Donnerstag, Mai 5, 2022

The Association of Independent Mortgage Experts (AIME) announced an update to its 2022 sponsors , including JMAC Lending, PowerTPO, and The Loan Store, totaling 26 wholesale industry partners committed to growing the broker channel.

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The Association of Independent Mortgage Experts (AIME) announced an update to its 2022 sponsors , including JMAC Lending, PowerTPO, and The Loan Store, totaling 26 wholesale industry partners committed to growing the broker channel.
This continued growth enables the association to offer more loan resources to brokers with the goal of increasing homeownership in communities across the country.
The Association of Independent Mortgage Experts (AIME) is a non-profit, national trade membership association created exclusively for independent mortgage brokers.
With over 40,000 members, AIME is committed to establishing a community of independent mortgage experts by creating an association that empowers them with unparalleled technology, continued education, and networking support necessary to successfully advise consumers nationwide with their residential mortgage needs.

Mark Herron Joins Flagstar Bank as Chief Brand Officer

Retrieved on:

Donnerstag, Mai 5, 2022

People, BB&T, FBC, Automation, Lead, NYSE, United Bank, FSB, Organization, BB, Flagstar Bank, RBW, Marketing, Small business, People's United Financial, Herron, Bank, Flagstar

TROY, Mich., May 5, 2022 /PRNewswire/ -- Flagstar Bank today announced it has hired Mark Herron as chief brand officer for the company.

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TROY, Mich., May 5, 2022 /PRNewswire/ -- Flagstar Bank today announced it has hired Mark Herron as chief brand officer for the company.
His responsibilities at Flagstar include marketing strategies, sales, branding, technology transformation, data analytics, marketing automation and change management.
"We look for good things to come with Mark leading us through the digital revolution that is transforming today's financial landscape.
Herron brings to Flagstar over 25 years of success in leading organizations to improved performance through client satisfaction, strategic alliances and product and operational innovation.

Jim Linnane Joins Flagstar Bank as Head of Distributed Retail Mortgage Division

Retrieved on:

Donnerstag, April 21, 2022

NYSE, Growth, Flagstar Bank, Wells Fargo, Marketing, Organization, Guaranteed Rate, Stearns Lending, FSB, Small business, FBC, Financial services, Bank, Flagstar

TROY, Mich., April 21, 2022 /PRNewswire/ -- Flagstar Bank has named Jim Linnane president of Flagstar's distributed retail mortgage division.

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TROY, Mich., April 21, 2022 /PRNewswire/ -- Flagstar Bank has named Jim Linnane president of Flagstar's distributed retail mortgage division.
In this role, he is responsible for strategy, profitability, sales, growth, recruitment and operations of Flagstar's distributed retail mortgage business.
"Jim is an industry veteran who has extensive experience running distributed retail operations, both in a bank and non-bank environment," said Lee Smith, president of Mortgage for Flagstar.
We're excited to have him on board and look for positive developments with Jim at the helm of Flagstar's distributed retail operation."

Flagstar Bank Hires Bertelsen to Lead Retail Banking

Retrieved on:

Mittwoch, April 13, 2022

TROY, Mich., April 13, 2022 /PRNewswire/ -- Flagstar Bank has hired Anne Mai Bertelsen as executive vice president and head of Retail Banking.

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TROY, Mich., April 13, 2022 /PRNewswire/ -- Flagstar Bank has hired Anne Mai Bertelsen as executive vice president and head of Retail Banking.
In this position, she has oversight of Branch Banking, Consumer Finance, Investment & Insurance Services and National Business Banking.
She comes to Flagstar with over 25 years of experience in financial services across marketing, product development and management.
Flagstar Bancorp, Inc. (NYSE: FBC) is a $25.5billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio.

Association of Independent Mortgage Experts Announces 2022 Sponsorships

Retrieved on:

Mittwoch, Februar 2, 2022

Founded exclusively for independent mortgage brokers, the Association of Independent Mortgage Experts (AIME) announced its 2022 sponsors , including twenty-five wholesale industry partners committed to growing the broker channel further.

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Founded exclusively for independent mortgage brokers, the Association of Independent Mortgage Experts (AIME) announced its 2022 sponsors , including twenty-five wholesale industry partners committed to growing the broker channel further.
This growth enables the organization to offer top lenders to independent mortgage brokers, further enhancing homeownership in their local communities.
AIMEs sponsors pave the way for the organization to deliver the services, tools, and support that our members need to establish themselves as neighborhood mortgage experts, says Katie Sweeney, CEO of AIME.
This years sponsors include advocates that have been aligned with the association since its inception, including United Wholesale Mortgage (UWM), Homepoint, Finance of America, AFR Wholesale, and Flagstar Bank.

Flagstar Bank Now Accepting Applications for Third MortgageTech Accelerator Program

Retrieved on:

Montag, Januar 31, 2022

Growth, FBC, CEO, Small business, Flagstar Bank, Technology, Flagstar, Marketing, Partnership, Program, FSB, Compliance, NYSE, Brace

TROY, Mich., Jan. 31, 2022 /PRNewswire/ -- Flagstar Bank today announced applications are now open for its third MortgageTech Accelerator program.

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TROY, Mich., Jan. 31, 2022 /PRNewswire/ -- Flagstar Bank today announced applications are now open for its third MortgageTech Accelerator program.
The national program was designed by Flagstar Bank, the sixth largest bank mortgage originator and subservicer in the country.
All applications are due Feb. 18, 2022, at flagstar.com /accelerator.
The accelerator program focuses exclusively on incubating fintech startups engaged in developing innovative solutions for the mortgage sector.It is the first and only accelerator program inthe United Statessolely dedicated to mortgage technology.