
By Markos Kaminis (Wall St. Greek) : The troubles of Greece and Europe make for terrifying television indeed, and the horrible effects to real human life over there is difficult to bear. Yet, for many Americans, the effects to mortgage rates have been a Godsend. A flight to safety over the last ...
Flagstar Bancorp , Inc. ( FBC ) Q1 2012 Earnings Call May 1, 2012, 11:00 a.m. ET Executives ..... name is Paul Borja and I’m the Chief Financial Officer of Flagstar Bancorp and Flagstar Bank. Before we begin our comments, I’d like
By Elliott R. Morss : Remember TARP, the Troubled Asset Relief Program? Since its inception, 742 banks have gained "relief". Under TARP, a bank gets funds in return for preferred shares and a dividend that goes from 5% to 9% after four years. A banker told me that TARP money is expensive and ...
By Reef Anderson : Many banks seem to be exiting the mortgage industry at its bottom which, in my opinion, is a grave mistake. Several banks will regret such decisions while those that continue to weather the storm and even expand mortgage operations will prosper significantly. This article will ...
Flagstar Bancorp , Inc. ( FBC ) Q4 2011 Earnings Call January 25, 2012 11:00 am ET Executives ..... My name is Paul Borja and I'm the Chief Financial Officer of Flagstar Bancorp . Before we begin our comments, I'd like to remind you that
By Suman Chatterjee : TSF Financial ( TFSL ) is at least reviving from the bad patch, while it seems to be recovering from the previous year's losses. Last year, we saw a huge decrease in the securities assets, especially mortgage-backed securities, loans and investment securities. Even this year,
Cantor Fitzgerald weighs in on Flagstar Bancorp ( FBC +6.7% ), ringing up a Buy rating and a price target increase to $1.50 after meeting with senior management. Analysts with
Aug 16 (Reuters) - Regional bank Flagstar Bancorp Inc said it will sell 22 branches in Indiana to First Financial Bancorp at a 7 percent premium on deposits held at these branches.
Flagstar Bank Corporation ( FBC ) Q2 2011 Earnings Call July 27, 2011 11:00 am ET Executives Paul Borja – Chief Financial Officer Joseph Campanelli – Chairman
PNC Financial PNC announced today that it has signed a definitive agreement to acquire 27 branches from Flagstar Bancorp . PNC will assume approximately $240 million of deposits associated with these branches, which are located in the metropolitan