Flagstar’s move to diversify beyond mortgages pays off

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  • Flagstar’s move to diversify beyond mortgages pays off
    Flagstar’s move to diversify beyond mortgages pays off
    Despite an overall weak mortgage originations market, Flagstar Bancorp’s third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations. Flagstar had net income of $48 million for the quarter, compared with $50 million in the second quarter and $40 million for the third quarter […]
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