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2025-01-12
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HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG ) (the "Company") today announced the appointment of Brian Callanan , Senior Managing Director and General Counsel at Liberty Strategic Capital ("Liberty"), to its Board of Directors, effective December 16, 2024 . Commenting on the appointment, Joseph M. Otting , Chairman, President, and CEO said, "I'm pleased to have Brian join our Board. His proven track record and expertise in financial services, along with his strategic insights will be instrumental as we continue to execute on our transformation and long-term vision. Brian's perspectives will provide valuable guidance, and his leadership will play a critical role in driving sustainable growth, ensuring we achieve long-term success and maximize the value we deliver to our shareholders, employees, and clients." Callanan is a distinguished lawyer with extensive experience in financial regulation, regulatory compliance, and financial technology. At Liberty, Callanan leads the firm's legal function, serves on its Investment Committee, and focuses on financial sector investments. Prior to joining Liberty, he served as General Counsel of the U.S. Department of the Treasury, overseeing 2,000 lawyers across the department. As Chief General Counsel, he played a key role in major initiatives such as economic rescue programs during COVID-19, the design of new economic sanctions, and the implementation of tax reform. While serving as Deputy General Counsel, Callanan managed major litigation and advised on regulatory reform efforts, among other responsibilities. For his service, he received the Alexander Hamilton Award, the department's highest honor. This appointment aligns with the $1.05 billion equity investment in March 2024 , which stipulated that two Board seats would be granted to lead investor Liberty Strategic Capital. With Callanan's addition, the Company's Board of Directors, which was reconstituted earlier in 2024, expands to nine members, including Chairman, President, and Chief Executive Officer, Joseph M. Otting , Milton Berlinski , Alessandro P. DiNello , Alan Frank , Marshall Lux , Lead Independent Director Secretary Steven T. Mnuchin , Allen Puwalski , and Jennifer Whip. About Flagstar Financial, Inc. Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York . At September 30, 2024, the Company had $114.4 billion of assets, $73.0 billion of loans, deposits of $83 .0 billion, and total stockholders' equity of $8 .6 billion. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 80 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses. Cautionary Statements Regarding Forward-Looking Statements This release may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our merger with Flagstar Bancorp, Inc., which was completed on December 1, 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, and our ability to fully and timely implement the risk management programs institutions greater than $100 billion in assets must maintain; (h) the effect on our capital ratios of the approval of certain proposals approved by our shareholders during our 2024 annual meeting of shareholders; (i) the conversion or exchange of shares of the Company's preferred stock; (j) the payment of dividends on shares of the Company's capital stock, including adjustments to the amount of dividends payable on shares of the Company's preferred stock; (k) the availability of equity and dilution of existing equity holders associated with amendments to the 2020 Omnibus Incentive Plan; (l) the effects of the reverse stock split; and (m) transactions relating to the sale of our mortgage business and mortgage warehouse business. Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; the Company does not assume any duty, and does not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; recent turnover in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; the success of our blockchain and fintech activities, investments and strategic partnerships; the restructuring of our mortgage business; our ability to recognize anticipated expense reductions and enhanced efficiencies with respect to our recently announced strategic workforce reduction; the impact of failures or disruptions in or breaches of the Company's operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, military conflict (including the Russia / Ukraine conflict, the conflict in Israel and surrounding areas, the possible expansion of such conflicts and potential geopolitical consequences), terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed on December 1, 2022 , and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that the Company may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. Additionally, there can be no assurance that the Community Benefits Agreement entered into with NCRC, which was contingent upon the closing of the Company's merger with Flagstar Bancorp, Inc., will achieve the results or outcome originally expected or anticipated by us as a result of changes to our business strategy, performance of the U.S. economy, or changes to the laws and regulations affecting us, our customers, communities we serve, and the U.S. economy (including, but not limited to, tax laws and regulations). More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K/A for the year ended December 31, 2023, Quarterly Report on Forms 10-Q for the quarters ended March 31, 2024 , June 30, 2024 , and September 30, 2024 , and in other SEC reports we file. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our SEC filings, which are accessible on our website and at the SEC's website, www.sec.gov . Investor Contact: Salvatore J. DiMartino (516) 683-4286 Media Contact: Nicole Yelland (248) 219-9234 SOURCE Flagstar Financial, Inc.In conclusion, Elly's recent lifestyle photos have captured the hearts and attention of netizens, who have been quick to praise her for her stunning appearance and fashion sense. As a young woman making her mark in the world of entertainment and fashion, Elly's confidence, style, and charisma shine through in every snapshot, earning her a well-deserved reputation as a fashion icon in her own right. With her impeccable sense of style and undeniable charm, Elly continues to captivate audiences and inspire others to embrace their own unique selves with confidence and grace.



In the wake of economic uncertainties and market volatilities, experts have underscored the critical importance of optimizing fiscal and monetary policies to align with market expectations. By strengthening counter-cyclical adjustments beyond traditional norms, policymakers can navigate through challenging economic landscapes and bolster economic stability.The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . CLEMSON, S.C. (AP) — Defensive tackle Payton Page shook his head when asked how far his freshman self, the one who weighed over 400 pounds when he came to Clemson, might have run on an interception. “About two yards,” he said, “he wouldn’t have made it far at all.” The slimmer, 315-pound Page, now a senior, took it 57 yards for a touchdown Saturday as the 17th-ranked Tigers routed the Citadel 51-14. Page lunged leftward to catch the ball, saw the open field and began the steady churn to the end zone. “I looked forward and seen I had like 60 more yards to go,” said Page, who was honored in pregame on Senior Day. “I feel like all the work I put in shows,” said Page, who’s started all 11 games this season. “I felt I read that screen pretty good and I made that play.” The pick-6 was the first touchdown by a Clemson defensive lineman since 2019 when Logan Rudolph returned a fumble 39 yards for a TD in a win over Boston College. “When you get a chance to see one of those plays, you better enjoy it,” Clemson coach Dabo Swinney said. It was part of a 35-0 first half for Clemson (9-2), which held on to feint hopes of reaching the Atlantic Coast Conference title game and the College Football Playoff. RELATED COVERAGE Auburn wins 43-41, four-OT thriller over playoff hopeful No. 15 Texas A&M Arnold, Robinson run for more than 100 yards as Oklahoma stuns No. 7 Alabama 24-3 No. 22 Iowa State keeps Big 12 title, CFP hopes alive with 31-28 win over Utah Quarterback Cade Klubnik threw for 198 yards and three TDs while reserve running back Jay Haynes scored twice on the ground as the Tigers moved to 39-0 all-time against FCS opponents. Clemson, which finished ACC play at 7-1 with last week’s 24-20 win at Pittsburgh, needs No. 11 Miami to lose at Syracuse next week to play for a league crown for the eighth time in 10 seasons. Clemson cranked it up early in this one, looking a lot like the offense that averaged better than 48 points during a six-game win streak earlier this season instead of the one that had not surpassed 24 points in any of its past three contests. Page wasn’t the only defender to score. Clemson’s All-American senior linebacker Barrett Carter, playing his next-to-last home game, had a 4-yard TD run to end the scoring. “I told coach Swinney a while ago when I decided to come back, I needed an offensive touchdown,” said Carter, who played tailback in high school. “It was so surreal.” And Page was a part of Carter’s score, too, as he led the way in blocking out of the backfield. “I blocked pretty good on that one, too.” The Citadel (5-7), of the FCS Southern Conference, went on to its 19th straight loss to Clemson since 1932. Haynes got the bulk of the work after starter Phil Mafah achieved his 1,000-yard rushing season with three first-quarter runs. Haynes had scoring runs of 70 and 9 yards. The takeaway The Citadel: The Bulldogs are the leaders among FCS teams in victories over FBS opponents with nine since the college football split into Division I and Division I-AA in 1978. They couldn’t stay competitive, but did roll up a season-high 288 yards rushing and scored a touchdown against Clemson for the first time in the past four games in the series. Clemson: The Tigers reached nine wins in a season for the 14th straight time. Only Alabama, which entered the season with 16 straight nine-win seasons, had a longer current streak. Shortening things Officials asked Citadel coach Maurice Drayton after halftime if he wanted to shorten the second half to 10-minute quarters with the Bulldogs trailing 35-0. “Why,” Drayton asked. “We’re here to compete.” The Bulldogs actually outscored the Tigers 7-6 in the fourth quarter. Drayton said that will be something for his team to build on in the offseason. Klubnik’s place Klubnik has 29 touchdown throws this season and 50 in his career, joining Tajh Boyd (107 total), Deshaun Watson and Trevor Lawrence (90 each) as Clemson passers to reach that many during their time with the Tigers. Up next The Citadel’s season is complete. Clemson closes the regular season with its rivalry game with South Carolina on Saturday. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

South Korea's National Assembly has called for the swift arrest of Prosecutor General Yoon Seok-yeol, amid mounting pressure on President Moon Jae-in to step down. Yoon Seok-yeol, a prominent figure in South Korea's legal and political circles, has been at the center of a major political scandal that has engulfed the country in recent weeks.The beauty of Sworn NPCs lies in their seamless integration into the game environment. While they are intelligent and helpful companions, they never overshadow the player's experience or take away from the immersive nature of the game. Instead, they complement the player's journey, enhancing the gameplay through meaningful interactions and valuable assistance.In the face of external pressures and challenges, China will remain steadfast in its commitment to upholding national sovereignty and safeguarding its core interests. The Ministry of Foreign Affairs's response serves as a clear message to the international community that China will not waver in its determination to protect its territorial integrity and promote peace and stability in the region.

As the sense of betrayal and hopelessness continued to weigh heavily on the mother and daughter, they made the tragic decision to take their own lives, leaving behind a community reeling with shock and grief. Their deaths serve as a stark reminder of the devastating impact that financial fraud can have on its victims, not only in terms of monetary loss but also in terms of emotional and psychological toll.Trump tariff threats trigger supply chain ‘freak out’The thrill of getting a new phone often comes with the admiration of its sleek, case-free design before quickly realising that such fragile tech shouldn't be exposed to the world in its bare form. If you were lucky enough to receive a brand new smartphone on Christmas Day, Casetify has launched a sale to pair with your new device. Casetify's holiday sale is underway, lasting until December 29, with 15% off individual items and 24% off when you purchase two. After all, investing in a quality case is crucial for maintaining your gadget's life span. You'll need to use the promo code XMAS24 during checkout , as The Express report. There's a vast selection of brands available, including Disney, anime, and Hello Kitty designs as well as more minimalist and monochrome options. READ MORE: Award-winning hair loss treatment praised by experts leaves shoppers with 'thicker' locks READ MORE: Amazon knocks £300 off Samsung cordless vacuum shoppers rate 'fantastic for pet hair' Most modern handsets are catered for, including iPhones and Samsung Galaxy smartphones. Case features include pop socket-style attachments for extra grip or a kickstand for those who enjoy watching YouTube videos while cooking or working, and they can also be personalised. Please note that Co-Lab's new products are not included in the sale, and the discount cannot be combined with other offers, reports the Express . The array of choices can be overwhelming, but one that caught our eye was this clear case adorned with spring botanicals starting at £66. Casetify is renowned for its ultra-durable cases - the most basic models offer up to 6.6ft drop protection, easy access to buttons and anti-yellowing technology , with options to add on even more features. Samsung Fold users aren't left out either, with this Gravity V3 case from £61. If cat memes tickle your fancy, this one for £66 might be up your alley - and you'll get a discount on all these cases thanks to the promo code. The Spring Botanicals 2 case has an average of 5 stars from 8 reviews, with one satisfied customer writing: "This is the prettiest phone case I ever seen. It looked really well made and just hope it is as durable as it looks. I am super happy with the purchase." Another commented on the robustness of the case, writing: "Very durable and protective of the phone it's on." On TrustPilot, Casetify has a 3.8 out of 5 average from over 120,000 customer reviews so far. "I have used a transparent case for almost six months. There is no discoloration to both the itself and the printing. Moreover, my phone fell by accident twice with no damage found," said a five-star review. One customer expressed mixed feelings, saying, "I like the design of the phone case, but it is a bit expensive." Meanwhile, another was frustrated with the user experience, venting: "Your website is awful to navigate. There is little to no information about the different types of cases (phone and AirPod cases specifically) as to difference between types." If shoppers are on the hunt for other options, Currys offers a dependable selection of basics, such as the stylish DBRAMANTE1928 Iceland Ultra D3O Magsafe iPhone 16 Pro Max, available for £34.99. For those who fancy something unique, Harper and Blake have an attractive line, featuring designs like the £20 whale shark case for iPhones. But if variety and robustness are key, Casetify's holiday sale shouldn't be missed – customers can snag a deal with 15% off one case, or a sweet 24% off two by using the discount code XMAS24.

Marcus Johnson and Bowling Green take down New Mexico State 61-60Scotiabank closes US$2.8B acquisition of KeyCorp stake TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion. Canadian Press Dec 27, 2024 8:32 AM Dec 27, 2024 8:35 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The Bank of Nova Scotia, or Scotiabank, signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj TORONTO — Scotiabank says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion. It says it closed the second part of the deal, buying a 10 per cent share, following approval from the board of governors of the U.S. Federal Reserve System. Scotiabank says the deal is a cost-effective, low-risk way to invest in the U.S. market. Chief executive Scott Thomson says the deal follows its commitment to shift capital from developing markets to developed markets in North America. The deal raised speculation from some analysts that Scotiabank would want to seek a majority stake in the bank but Thomson has said that's not the case. Canadian banks have looked to the U.S. for expansion potential, but have faced numerous hurdles in seeing their plans through. This report by The Canadian Press was first published Dec. 27, 2024. Companies in this story: (TSX:BNS) The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business S&P/TSX composite, U.S. markets trade lower Friday morning after holiday break Dec 27, 2024 8:27 AM Tugboats, crews try to refloat ship stuck in St. Lawrence River near Montreal Dec 27, 2024 8:18 AM Unwanted gift card in your stocking? Don't let it go to waste Dec 27, 2024 7:41 AM Featured Flyer

In the midst of the chaos and uncertainty, there are growing calls for calm and restraint from all sides, with many urging for a peaceful resolution to the crisis and a return to stability and normalcy. The coming days and weeks will be crucial in determining the future direction of South Korea's political landscape, and it is imperative that all parties involved act responsibly and with the best interests of the country in mind.

A look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaulWorld junior roundup: Finland bounces back with 3-1 win over Germany

WASHINGTON — Former House Speaker Nancy Pelosi was hospitalized after she “sustained an injury” during an official engagement in Luxembourg, according to a spokesman. Pelosi, 84, was in Europe with a bipartisan congressional delegation to mark the 80th anniversary of the Battle of the Bulge in World War II. Her spokesman, Ian Krager, said in a statement that she was “receiving excellent treatment from doctors and medical professionals” and is unable to attend the remainder of events on her trip. He did not describe the nature of her injury or give any additional details, but a person familiar with the incident said Pelosi tripped and fell at an event with the other members of Congress. The person requested anonymity to discuss the fall. Krager said Pelosi “looks forward to returning home to the U.S. soon.” Among the members on the trip was Rep. Michael McCaul, R-Texas, who posted on social media that he was “praying for a speedy recovery” for Pelosi. The two lawmakers were captured holding hands in a group photo Friday at the U.S. Embassy in Luxembourg. Get local news delivered to your inbox!

In a surprising turn of events during the post-game celebrations, Enzo, the star player of the team, seemed determined to celebrate his latest victory by starting a strip show. The crowd gasped in shock as he began to unbutton his shirt, but before he could go any further, Jackson, his teammate, stepped in with a swift assist both on and off the court.

The allure of "Empresses in the Palace" lies in its gripping storyline, intricate plot twists, and complex characters. Viewers are drawn into a world of ambition, betrayal, romance, and revenge, where the stakes are high and the consequences are dire. The drama offers a fascinating glimpse into the lives of the women behind the throne, depicting their struggles for influence and survival in a ruthless and unforgiving environment.

AT&T to Release Fourth-Quarter 2024 Earnings on January 27Young men swung to the right for Trump after a campaign dominated by masculine appeals

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