New York Community Bancorp, Inc. (NYCB) is a prominent regional bank, well-known for its expertise in multi-family lending on non-luxury residential buildings in New York City. In 2022, NYCB expanded its operations by acquiring Flagstar Bank, broadening its range of banking services to include a stronger presence in mortgage lending, commercial banking, and retail banking across multiple states. The combined entity leverages NYCB’s focus on multi-family lending with Flagstar’s mortgage expertise.