Key TakeawaysNew York Community Bancorp on Thursday lowered its profit guidance for 2025 and widened its expected losses for 2024.CEO Joseph Otting has pledged to reduce NYCB’s reliance on commercial real estate loans.NYCB's Flagstar Bank unit agreed to sell its residential mortgage servicing business to Mr. Cooper Group. New York Community Bancorp (NYCB) shares fell Thursday after the troubled regional bank’s path to profitability was muddied by disappointing second-quarter earnings results. NYCB slashed i ...