"NYCB Stock Plunge Continues Amid Rent Stabilized Apartment Concerns"

New York Community Bancorp's stock sank for a second day, prompting at least five Wall Street analysts to lower their recommendations and Moody’s Investors Service to review the bank’s credit rating for a downgrade. The company's surprise dividend cut, fourth-quarter loss, and provision build sparked broader concerns over issues facing the commercial real estate market and the exposure that smaller lenders have to the space, leading to a renewed rout in regional banks. The stock tumbled as much as 15% on Thursday, hitting its lowest level since 2000, and regional bank peers also followed the firm lower.