Original Content
Two years after commercial real estate loans sent the bank into a spiral, the Long Island-based lender is “pivoting to the growth side of the story,” its CFO said Friday.
Flagstar returns to profitability
AI Summary
Flagstar has returned to profitability after a two-year downturn due to commercial real estate loans. The lender is now focusing on growth.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities and focuses on a Long Island-based lender.