Flagstar Bancorp (FBC) Posts Q3 Loss of $0.64, Wider than Expected; Management Changes
Flagstar Bancorp (NYSE: FBC) reports Q3 loss of $0.64, versus the analyst estimate of ($0.06).
Net Interest Income was $47.59 million, versus $60.02 million reported for the same quarter 2008.
Flagstar also appointed Salvatore Rinaldi to Executive Vice President and Chief of Staff, and Marshall Soura to Executive Vice President and Director of Corporate Services. CEo Joseph Campanelli also was elected to the position of chairman.
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