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Flagstar Reports Fourth Quarter 2017 Financial Results and Announces Regulatory Approval to Acquire Eight Branches in Southern California

TROY, Mich., Jan. 23, 2018 /PRNewswire/ —
Key Highlights – Fourth Quarter 2017

Net loss of $45 million, or $0.79 per diluted share, on non-cash charge from new tax legislation.
Adjusted net income of $35 million, or $0.60 per diluted share.
Net interest income…