Flagstar Sells CRE, Other Loans to CIT

Flagstar Bancorp Inc., Troy, Mich., is selling a portfolio of commercial loans, including commercial real estate loans, to CIT Bank for $779 million.

Article source: http://www.nationalmortgagenews.com/dailybriefing/flagstar-sells-cre-loans-to-cit-1033629-1.html

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