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Stock Market & Financial Investment News

News Breaks
February 9, 2013
14:41 EDTFBCFlagstar issues revised 2012 results based on analysis of Assured decision
Flagstar Bancorp, the holding company for Flagstar Bank, FSB, announced that it has completed an analysis of the financial impact arising from the decision of the United States District Court for the Southern District of New York in the previously disclosed lawsuit filed by Assured Guaranty Municipal Corp., formerly known as Financial Security Assurance.This decision was described in a press release issued by Flagstar on February 5, 2013. Flagstar disagrees with the Court's decision and intends to contest the outcome on appeal.
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October 21, 2014
18:38 EDTFBCFlagstar Bancorp took action to reduce risk during Q3
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18:37 EDTFBCFlagstar Bancorp reports Q3 EPS 1c, consensus 11c
Reports Q3 provision for loan losses $8.1M adn net charge-offs $13.1M.

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