# EDGAR Filing Document

**Accession Number:** 0001905374
**File Stem:** 0000950142-25-002841
**Filing Date:** 2025-10
**Character Count:** 22138
**Document Hash:** ed77e6d0765a2a3aaa0a313b1ed985a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950142-25-002841.hdr.sgml**: 20251021

**ACCESSION NUMBER**: 0000950142-25-002841

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251021

**DATE AS OF CHANGE**: 20251021

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLAGSTAR BANK, NATIONAL ASSOCIATION
- **CENTRAL INDEX KEY:** 0000910073
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 382734984
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-49965
- **FILM NUMBER:** 251407986

**BUSINESS ADDRESS:**
- **STREET 1:** 102 DUFFY AVENUE
- **CITY:** HICKSVILLE
- **STATE:** NY
- **ZIP:** 11801
- **BUSINESS PHONE:** 5166834100

**MAIL ADDRESS:**
- **STREET 1:** 102 DUFFY AVENUE
- **CITY:** HICKSVILLE
- **STATE:** NY
- **ZIP:** 11801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FLAGSTAR FINANCIAL, INC.
- **DATE OF NAME CHANGE:** 20241101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW YORK COMMUNITY BANCORP, INC.
- **DATE OF NAME CHANGE:** 20240311

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW YORK COMMUNITY BANCORP INC
- **DATE OF NAME CHANGE:** 20001128
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Liberty 77 Capital L.P.
- **CENTRAL INDEX KEY:** 0001905374

**ORGANIZATION NAME:**
- **EIN:** 862341872
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2099 PENNSYLVANIA AVENUE NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20006
- **BUSINESS PHONE:** 202-984-7070

**MAIL ADDRESS:**
- **STREET 1:** 2099 PENNSYLVANIA AVENUE NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20006

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**FLAGSTAR BANK, N.A.**

*(Name of Issuer)*

**Common Stock, par value $0.01 per share**

*(Title of Class of Securities)*

**649445400**

*(CUSIP Number)*

**William Barratt**<br>Liberty 77 Capital L.P.<br>2099 Pennsylvania Ave NW<br>Washington DC 20006<br>202-984-7070

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/17/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Liberty 77 Capital L.P.** | Name of reporting person<br>**Liberty 77 Capital L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Liberty Strategic Capital (CEN) Holdings, LLC** | Name of reporting person<br>**Liberty Strategic Capital (CEN) Holdings, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Liberty 77 Capital Partners L.P.** | Name of reporting person<br>**Liberty 77 Capital Partners L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Liberty Capital L.L.C.** | Name of reporting person<br>**Liberty Capital L.L.C.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**STM Partners LLC** | Name of reporting person<br>**STM Partners LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **649445400** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Steven T. Mnuchin** | Name of reporting person<br>**Steven T. Mnuchin** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**113520361.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | Aggregate amount beneficially owned by each reporting person<br>**113520361.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**24.9%** | Percent of class represented by amount in Row (11)<br>**24.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.01 per share

**(b) Name of Issuer:**
FLAGSTAR BANK, N.A.

**(c) Address of Issuer's Principal Executive Offices:**
102 Duffy Avenue, Hicksville, NY, 11801

This Amendment No. 5 amends and supplements the Schedule 13D, originally filed on March 14, 2024, as amended through the date hereof (as so amended, the "Schedule 13D") and is being filed with the Securities and Exchange Commission (the "SEC") by the "Reporting Persons" identified herein relating to the Common Stock, par value U.S. $0.01 per share (the "Common Stock"), of Flagstar Bank, National Association, a national bank (the "Issuer"). References to the "Issuer" in the original Schedule 13D and prior amendments are to Flagstar Financial, Inc. (the "Predecessor"), which was formerly known as New York Community Bancorp, Inc. As a result of the merger between the Issuer and the Predecessor, effective October 17, 2025, the Issuer is the successor issuer to the Predecessor with respect to the Common Stock under Rule 12g-3(a).

**Item 4. Purpose of Transaction**

Item 4 is hereby amended to add the following:

On October 17, 2025, the Issuer completed a merger (the "BHC Merger") with its bank holding company parent, Flagstar Financial, Inc. (the "Predecessor"), which was referred to as the "Issuer" in the Reporting Persons' previous Schedule 13D filings. The Issuer is the surviving entity of the BHC Merger. As a national bank, the Issuer is required to file its reports under the Exchange Act with the Office of the Comptroller of the Currency (the "OCC"), whereas the Predecessor made its Exchange Act filings with the SEC. The Issuer has announced its intention to voluntarily make Exchange Act filings with the SEC; therefore, the Reporting Persons intend to amend this Schedule 13D by filing with the SEC in satisfaction of any obligation they might have to file with the OCC.

As part of the BHC Merger, the Predecessor common stock and restricted stock units beneficially owned by the Reporting Persons were exchanged for substantially equivalent securities of the Issuer. Pursuant to the BHC Merger, the 135,000 Issued Warrants owned by the Liberty Purchaser were exchanged for 135,000 new warrants (the "New Warrants") which are substantially equivalent to the Issued Warrants, except that they may be exercised for Common Stock to the extent that none of the Reporting Persons would be deemed to own 25% or more of the Common Stock, among other requirements. Based upon the information available to the Reporting Persons as of October 20, 2025, approximately 115,520 New Warrants are eligible to be exercised for 38,506,725 shares of Common Stock, and the remaining New Warrants may only be exercised for Series D NVCE Stock. The number of New Warrants which may be exercised for Common Stock is expected to change from time to time based upon, among other things, the number of issued and outstanding shares of Common Stock, the number of shares of Common Stock beneficially owned by the Reporting Persons, and the issuance, vesting, or expiration of restricted stock units owned by Steven T. Mnuchin.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See Item 4 and the cover page for each Reporting Person, which are incorporated by reference herein.

As of the date of this Schedule 13D, the Reporting Persons are deemed to beneficially own 113,520,361 shares of Common Stock (representing approximately 24.9% of the Common Stock outstanding), of which 74,999,994 shares of Common Stock are held directly by the Liberty Purchaser, 38,506,725 shares of Common Stock may be issued to the Liberty Purchaser upon exercise of the New Warrants it holds, 100 shares are held directly by Steven T. Mnuchin, and 13,542 service-based restricted stock units were granted to Steven T. Mnuchin on January 29, 2025, and which amounts may all be deemed to be indirectly beneficially owned by the other Reporting Persons.

References to percentage ownership of the Common Stock in this Schedule 13D are based on 415,561,180 shares of Common Stock outstanding, based on the information reported by the Predecessor in its definitive proxy statement on Schedule 14A filed with the SEC on August 22, 2025.

The Reporting Persons may be deemed to constitute a "person" or "group" within the meaning of Section 13(d)(3) of the Exchange Act. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Schedule 13D shall not be construed as an admission of such beneficial ownership or that the Reporting Persons constitute a person or group.

**(b)**
Each of the Reporting Persons has the sole power to vote or direct the vote and the sole power to dispose or to direct the disposition of the Common Shares indicated on such Reporting Person's cover page included herein.

**(c)**
There have been no transactions in the Common Stock effected by the Reporting Persons during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 is hereby amended to add the following:

On October 17, 2025, the Reporting Persons, the Predecessor, and the Issuer entered into an amendment to the Registration Rights Agreement, pursuant to which the Issuer succeeded to and was substituted for the Predecessor in the Registration Rights Agreement. The amendment also updated the Registration Rights Agreement to reflect that the Issuer's securities are exempted securities under the Securities Act, but offers and sales of the Issuer's securities are subject to the OCC's rules relating to the offer and sale of securities of a national bank.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Liberty 77 Capital L.P.

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell, Chief Financial Officer

**Date:** 10/21/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Liberty Strategic Capital (CEN) Holdings, LLC

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell, Chief Financial Officer

**Date:** 10/21/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Liberty 77 Capital Partners L.P.

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell, Chief Financial Officer

**Date:** 10/21/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Liberty Capital L.L.C.

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell, Chief Financial Officer

**Date:** 10/21/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** STM Partners LLC

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell as attorney-in-fact for Steven T. Mnuchin

**Date:** 10/21/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Steven T. Mnuchin

**Signature:** /s/ Jesse M. Burwell

**Name/Title:** Jesse M. Burwell as attorney-in-fact for Steven T. Mnuchin

**Date:** 10/21/2025