Flagstar Bank
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Flagstar Bank
Flagstar Bank is a Michigan-based bank that has one of the largest residential mortgage servicers in the United States, as well as included in a list of the largest banks in the country. On April 26, 2021, New York Community Bancorp, Inc. (NYCB) issued a press release indicating that they were acquiring Flagstar Bank (FSB) in an all stock strategic merger. On December 1, 2022, NYCB completed the acquisition of Flagstar Bancorp, Inc., a bank holding company whose FSB was the primary subsidiary. History First Security Savings Bank was founded as a federal savings bank in 1987. The chairman of the bank was Thomas J. Hammond. The initial branch focused on funding regional retail and wholesale mortgage operations. In 1993, FSSB Holding Corporation, a bank holding company was established. In 1994, the company acquired Security Savings Bank, based in Jackson, Michigan. In 1996, the company changed its name to Flagstar Bank. In 1997, the company became a public company via an initia ...
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New York Community Bancorp
New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York with 225 branches in New York, New Jersey, Ohio, Florida and Arizona. NYCB is on the list of largest banks in the United States. Almost all of the loans originated by the bank are either multi-family or commercial loans, many of them are in New York City, and are subject to laws regarding rent control in New York. In late December 2020, the bank announced a change in executive leadership. Longtime President, CEO and board member Joseph Fecaloma announced he would retire from all three posts in two days time. Thomas Cangemi, the company's CFO since 2005, will become president and the CEO. On April 26, 2021, New York Community Bank issued a press release indicating that they were acquiring Flagstar Bank in an all stock strategic merger. On December 1st, 2022, New York Community Bank formally acquired Flagstar Bank. Divisions New York Community Bank operates branches under the following name ...
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Fannie Mae
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2022, Fannie Mae was ranked number 33 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. __TOC__ History Background and early decades Historically, most housing loans in the early 1900s in the United States were s ...
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WANE-TV
WANE-TV (channel 15) is a television station in Fort Wayne, Indiana, United States, affiliated with CBS and owned by Nexstar Media Group. The station's studios and transmitter are located on West State Boulevard in the Tower Heights section of the city. However, master control and some internal operations are based at the Indianapolis studios of CBS affiliate WTTV and Fox affiliate WXIN. History The station signed on the air on September 26, 1954, as WINT, originally broadcasting its signal from a transmitter in Auburn. While it was the Fort Wayne area's second television station, it was originally licensed to, and had studios in, Waterloo, north of the city. The station's original owner, Tri-State Television (not to be confused with Tri-State Christian Television, owner of WINM channel 12), took advantage of peculiarities in Federal Communications Commission (FCC) rules to direct the signal to Fort Wayne, identifying as "Waterloo/Fort Wayne." Although the city was big enough to ...
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Bankrate
Bankrate, LLC is a consumer financial services company based in New York City. Bankrate.com, perhaps its best-known brand, is a personal finance website. As of November 8, 2017, it became a subsidiary of Red Ventures through an acquisition. History Bankrate was founded in 1976 by Robert K. Heady as a print publisher of the "Bank Rate Monitor." In 1996, the company began moving its business online. Today, Bankrate, Inc.'s online network includes Bankrate.com as well as CreditCards.com, Caring.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, ThePointsGuy.com, Bankrate.com.cn, CreditCards.ca, NetQuote.com, CD.com, Walla.by and Quizzle. The online network received over 150 million visits in 2010. In January 2011, Bankrate completed the acquisition of Trouve Media. In December 2011, Bankrate completed the acquisition of substantially all of the assets of InsWeb Corporation for $65 million in cash. In March 2012, Bankrate acquired InsuranceAgents.com. Afte ...
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Wells Fargo
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank which designates its Sioux Falls, South Dakota site as its main office. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the "Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands. Wells Fargo, in its present form, is a result of a ...
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Santander Bank
Santander Bank, N. A. (), formerly Sovereign Bank, is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people. It offers an array of financial services and products including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance. Sovereign Bank was rebranded as Santander Bank on October 17, 2013; the stadium, arena, and performing arts center for which it has naming rights were also rebranded. History Santander Bank, N.A., was founded on October 8, 1902 as "Sovereign Bank", a savings and loan in Wyomissing, Pennsylvania. The company's earliest customers were largely textile workers. Sovereign expanded rapidly during the savings and loan crisis of the 1980s and 1990s, acqu ...
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San Bernardino County, California
San Bernardino County (), officially the County of San Bernardino, is a County (United States), county located in the Southern California, southern portion of the U.S. state of California, and is located within the Inland Empire area. As of the 2020 United States Census, 2020 U.S. Census, the population was 2,181,654, making it the fifth-most populous county in California and the List of the most populous counties in the United States, 14th-most populous in the United States. The county seat is San Bernardino, California, San Bernardino. While included within the Greater Los Angeles area, San Bernardino County is included in the Riverside, California, Riverside–San Bernardino, California, San Bernardino–Ontario, California, Ontario metropolitan statistical area, as well as the Los Angeles–Long Beach, California, Long Beach Greater Los Angeles Area, combined statistical area. With an area of , San Bernardino County is the List of the largest counties in the United States by ...
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National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United States and Canada. It is the premier men's professional basketball league in the world. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). It changed its name to the National Basketball Association on August 3, 1949, after merging with the competing National Basketball League (NBL). In 1976, the NBA and the American Basketball Association (ABA) merged, adding four franchises to the NBA. The NBA's regular season runs from October to April, with each team playing 82 games. The league's playoff tournament extends into June. , NBA players are the world's best paid athletes by average annual salary per player. The NBA is an active member of USA Basketball (USAB), which is recognized by t ...
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Detroit Pistons
The Detroit Pistons are an American professional basketball team based in Detroit. The Pistons compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Central Division and play their home games at Little Caesars Arena, located in Midtown. Founded in Fort Wayne, Indiana as a semi-professional company basketball team called the Fort Wayne Zollner Pistons in 1937, they would turn pro in 1941 as a member of the National Basketball League (NBL), where they won two NBL championships: in 1944 and 1945. The Pistons later joined the Basketball Association of America (BAA) in 1948. The NBL and BAA merged to become the NBA in 1949, and the Pistons became part of the merged league. In 1957, the franchise moved to Detroit. The Pistons have won three NBA championships: in 1989, 1990 and 2004. Franchise history 1937–1957: Fort Wayne (Zollner) Pistons Fred Zollner owned the Zollner Corporation, a foundry that manufactured pistons, primarily ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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CIT Group
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses, primarily in North America. Under the reporting mark CEFX, it leases locomotives and railroad cars to rail transport and shipping companies in North America. It also operates a direct bank. History Founding and early history On February 11, 1908, Henry Ittleson founded the Commercial Credit and Investment Company in St. Louis, Missouri to finance accounts receivable at small companies. In 1915, the company moved its headquarters to New York City and renamed itself Commercial Investment Trust (CIT). By that time, the company provided financing for wholesale suppliers and producers of consumer goods. The company added automobile financing ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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