Flagstar Announces Impact of Tax Cuts and Jobs Act

December 26, 2017

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TROY, Mich., Dec. 26, 2017 /PRNewswire/ —
Key Highlights:

One-time, non-cash charge of approximately $80 million, or $1.38 per diluted share, in fourth quarter 2017 with no significant impact to Tier 1 capital or liquidity.
Estimated mid-teens percentage increase in…

Category: Precious Metals