Replies to post #487 on Signature Bank (SBNY)

[UpTickMeA$AP]

Flagstar, the 19th-largest mortgage lender in the country, acquired $38 billion in Signature's assets, including approximately $25 billion in cash and $13 billion in loans, which were exclusively commercial and industrial loans.

https://www.housingwire.com/articles/flagstar-acquires-38b-in-assets-assumes-34b-deposits-from-signature/#:~:text=Flagstar%2C%20the%2019th%2Dlargest%20mortgage,exclusively%20commercial%20and%20industrial%20loans.

NYCB owns Flagstar.