Flagstar Bank, N.a. · NYSE:FLG
Flagstar Bank, N.a — New York Community Bancorp — Corporate Update (November 2020)
5 slides from Flagstar Bank, N.a's corporate update, Nov 30, 2020
Slide 1: Loan Deferrals Update
Loan Deferrals Update November 30, 2020 Exhibit 99.1
Slide 2: Forward-Looking Information
Forward-Looking Information This presentation may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, intentions, and expectations regarding revenues, earnings, loan production, asset quality, capital levels, and acquisitions, among
Slide 3: MF & CRE Full Payment Deferrals
MF & CRE Full Payment Deferrals (in millions) % of Total MF & CRE Portfolios 15.5% 14.9% 8.0% 0.65% Significant progress made on MF & CRE loan deferrals since June 30th.
Slide 4: Overwhelming Majority of Loan Deferrals Have Returned to Payment Status
Overwhelming Majority of Loan Deferrals Have Returned to Payment Status.
Slide 5: Since June 30th, MF & CRE deferrals have declined 96% to 65 basis points
Since June 30th, MF & CRE deferrals have declined 96% to 65 basis points of outstanding balances. Total MF & CRE loan deferrals declined 96% to $252 million or 0.65% of total outstanding balances as of November 23rd compared to $5.9 billion or 15.5% at June 30th. Of the $2.9 billion of loans schedul
New York Community Bancorp — Corporate Update (November 2020) on 6ix