Item 7.01 Regulation FD Disclosure

On January 24, 2022, New York Community Bancorp, Inc. (the "Company") issued a press release announcing that it has entered into an agreement with the National Community Reinvestment Coalition ("NCRC") to support communities of color, the underserved, small businesses, diversity and an ongoing commitment to responsible multi-family lending (the "Agreement"). Pursuant to the terms of the Agreement, the Company has committed to provide $28 billion in loans, investments, and other financial support to communities and people of color, low- and moderate-income ("LMI") families and communities, and small businesses. The Agreement was developed with NCRC and its members in conjunction with the Company's pending merger with Flagstar Bancorp, Inc. ("Flagstar"), and the Agreement is subject to the closing of the Flagstar merger.

The Agreement includes $22 billion in community lending and affordable housing commitments and $6 billion of residential mortgage originations to underserved and LMI borrowers and in LMI and majority-minority neighborhoods over a five-year period. These investments will cover both communities already served by the Company and those it will expand into through its acquisition of Flagstar, and further the positive community impact our merger with Flagstar will have.

The disclosure regarding the Agreement is qualified in its entirety by the press release which is attached hereto as Exhibit 99.1 and furnished herewith.

Item 9.01 Financial Statements and Exhibits

(d) Attached as Exhibit 99.1 is a press release issued by the Company on

January 24, 2022 to announce the Agreement with NCRC.

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