IN GOOD COMPANY — THE MOST INNOVATIVE COMPANIES CALL BY KAMBIZ MERABI HOME AWAY FROM HOME

Diversification, M&A may lie ahead for New York Community under new chief

The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.
Source: Mortgage