Hild trial week 2 recap: CFO grilled over details of bond fraud scheme
April 26, 2021
Michael Hild’s federal criminal trial for charges of securities fraud, mail fraud and bank fraud is entering its third week in Manhattan. He is expected to take the stand in his own defense this week. (
BizSense file)
The criminal fraud trial of Richmond businessman Michael Hild is headed into its third week, building up to the crescendo of Hild taking the stand to testify in his own defense.
The prospect of Hild’s expected testimony was confirmed by his attorney, Benjamin Dusing, who discussed it with the prosecution and Judge Ronnie Abrams at the end of Friday’s proceedings after the jury had left for the day.
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TROY, Mich., April 26, 2021 /PRNewswire/ Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable June 15, 2021, to shareholders of record at the close of business June 1, 2021.
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $29.4 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 87 retail locations in 27 states. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $247.4 billion of loans repre
DBusiness Magazine
Flagstar Bank in Troy Merges with New York Community Bancorp in $2.6B Deal
Flagstar Bancorp Inc. in Troy and New York Community Bancorp Inc. jointly announced today they have entered into a definitive merger agreement under which the two companies will combine in an all-stock merger.
Flagstar Bancorp Inc. in Troy has entered into a definitive merger agreement under which it will merge with New York Community Bancorp Inc. Pictured is New York Community Bancorp Inc.’s online banking app. // Photo courtesy of New York Community Bancorp Inc.
Flagstar Bancorp Inc. in Troy and New York Community Bancorp Inc. jointly announced today they have entered into a definitive merger agreement under which the two companies will combine in an all-stock merger.
Flagstar acquisition by NY bank builds muscle outside of fickle mortgage sector
Both banks tout increased diversity in business operations
Little overlap in terms of geography, books of business
Flagstar Bank
The acquisition of Flagstar Bank by New York Community Bank allows for both lenders to move beyond their traditional savings and loan models
Lots of money and increased diversification in business portfolios.
That s the hope for the $2.6 billion acquisition of Flagstar Bancorp. in Troy by New York Community Bancorp. in the New York City metro area.
Flagstar Bank and it s well-renowned residential mortgage lending business will serve as the vehicle to allow New York Community Bank to transform from a traditional savings and loan to a dynamic commercial banking organization, according to Tom Cangemi, president and CEO of New York Community Bank, headquartered in Westbury, N.Y.
New York Community to buy Flagstar for $2 6 billion americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.