Home>Topics>>Flagstar to sell commercial loan portfolio to CIT for about $780 mln

Flagstar to sell commercial loan portfolio to CIT for about $780 mln

Reuters: Bonds News

Wed, 2 Jan 2013

Jan 2 (Reuters) - U.S. Midwestern regional bank Flagstar Bancorp Inc said it will sell a substantial portion of its Northeast-based commercial loan portfolio to CIT Group Inc for about $780 million...

Related Topics:

  1. CIT Group
  2. Flagstar Bancorp

Related Videos

  1. Berkowitz: We're Entering a Constructive Period

    Thu, 4 Feb 2010

    The Fairholme manager on looking forward to the next decade; plus, comments on the fund's CIT and Winthrop stakes.

  2. Vaselkiv on Opportunity in Bankruptcies

    Mon, 7 Jun 2010

    The T. Rowe Price High-Yield manager discusses the firm's investment in the debt of companies emerging from bankruptcy, including Lyondell, GM, and CIT Group .

Content Partners