New York Community Bancorp Inc (NYSE:NYCB)

New York Community Bancorp, Inc. is a multi-bank holding company. It provides multi-family loans in New York City, with an emphasis on non-luxury apartment buildings. It provides commercial real estate loans, primarily in Metro New York and New Jersey and on acquisition, development, and construction loans, and commercial and industrial loans. Its operates it business through its two subsidiaries: New York Community Bank, a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Florida, Ohio, and Arizona; and New York Commercial Bank, a New York State-chartered commercial bank, serving consumers and businesses, which provides personal services and by addressing the needs of small and mid-size businesses, professional associations, and government agencies with a comprehensive menu of business solutions, including installment loans, revolving lines of credit, and cash management services. It operates its business through two segments: Banking Operations and Residential Mortgage Banking. The Banking Operations segment serves individual and business customers by offering and servicing a variety of loan and deposit products and other financial services. The Residential Mortgage Banking segment originates, sells, and services one-to-four family mortgage loans. Mortgage loan products include fixed- and adjustable-rate conventional and jumbo loans for the purpose of purchasing or refinancing residential properties. It was founded on July 20, 1993 and is headquartered in Westbury, NY.