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News Breaks | | | | January 25, 2013 | | 06:03 EDT |  | FBC, PHH | Flagstar Bancorp added to Top Picks list at FBR Capital
FBR Capital added Flagstar Bancorp (FBC) to its Top Picks list in place of PHH Corp. (PHH) citing the bank's core profitability and mortgage business momentum. FBR reiterates an Outperform rating on Flagstar Bancorp following the company's Q4 results with a $25 price target. | |
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News For FBC;PHH From The Last 14 Days Check below for free stories on FBC;PHH the last two weeks. |
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| May 17, 2013 | | 08:08 EDT |  | FBC | Flagstar Bancorp appoints Sandro DiNello CEO, Lee Smith as COO
Upon becoming CEO, DiNello will replace Michael Tierney as a director of the company and the bank. Tierney, who has served as CEO of both the Company and the Bank since November 2012 and as President of the Company since October 2012, will resume his role as the Bank's Executive Vice President, Personal Financial Services, a position he held prior to becoming President. | | | May 13, 2013 | | 12:53 EDT | | PHH | EJF Capital reports 5.3% passive stake in PHH Corp.
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