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Real Estate & Property Law

: Housing Wire

Flagstar Sees Credit Costs Bite Bottom Line in Q3

By PAUL JACKSON

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Flagstar Bancorp, Inc. (FBC: 1.70 -10.53%) , the holding company for Flagstar Bank FSB, said late last week that it lost $62.1 million, or $0.79/share, during the third quarter, as credit costs continued to eat away at the bottom line. The Q3 loss widened a $32.1 million loss, or $.22/share, from the same period in [...]

Full post as published by Housing Wire on November 03, 2008 (boomark / email).

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