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Business

Flagstar Swallows $4.8M Loss To Shed Performing Rent-Stabilized Loan

April 27, 2026
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Posted 13 hours ago by

In a sign of just how badly Flagstar Bank wants to reduce its exposure to rent-stabilized buildings in New York City, it offered one of its borrowers a nearly 5M discount if it could refinance its loan, even though the buildings were full and the mortgage...

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Coverage and analysis from United States of America. All insights are generated by our AI narrative analysis engine.

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