Financials Friday: Flagstone’s Nonperforming Loan Level Referred to as ‘Frightening’; Crypto Threats Result in Democratic Support for Stablecoin Bill; Appeal to Vacate Real Estate Price-Fixing Settlement Alleges Widespread Circumvention as New Study Shows Commissions Remain High
Flagstar’s amount of nonperforming loans called “frightening.” U.S. banks reported billions more dollars in loans have gone 90 days or more without a payment, according to first-quarter data....
May 23, 2025
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