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  • Fri. Mar 1st, 2024

Flagstar Diversifies Holdings With $38 Billion Offer for Signature Bank’s Assets

Bynewsmagzines

Mar 20, 2023
In Flagstar Bank’s deal to acquire some assets of the failed Signature Bank, it picked up 40 branches, which it plans to integrate into its own network. (Getty Images)


By now holding the heaviest weighted portfolio of professional real estate loans to whole assets amongst the nation’s most significant commercial serious estate lending banking companies, Flagstar Financial institution, the sole subsidiary of New York Community Bancorp, designed a transfer to diversify its holdings by acquiring $38 billion in property of the failed Signature Financial institution.

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