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Flagstar Bancorp Inc. (FBC)

-NYSE
19.11 1.71(9.83%) Jul 23, 4:01PM EDT
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Flagstar Bancorp Inc.
5151 Corporate Drive
Troy, MI 48098
United States - Map
Phone: 248-312-2000
Website: http://www.flagstar.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:3,253

Business Summary 

Flagstar Bancorp, Inc. operates as the holding company for Flagstar Bank, FSB that provides various financial products and services to individuals and businesses in the United States. The company’s Mortgage Banking segment originates, acquires, sells, and services mortgage loans through home loan centers, national call centers, Internet, unaffiliated banks, and mortgage brokerage companies. Its products include one-to-four family residential first mortgage loans, adjustable-rate mortgage loans, interest-only mortgages, second mortgage loans, and home equity line of credit loans. This segment also services mortgage loans for others and sells mortgage servicing rights into the secondary market. Its Community Banking segment offers various financial products and services to individuals, small and middle market businesses, and mortgage lenders. Its products comprise checking, savings, sweep, and money market deposit accounts, as well as certificates of deposit; commercial loans; commercial real estate loans; commercial and industrial loans; commercial lease financing loans; and warehouse lines of credit. This segment also provides other financial services to consumer and commercial customers, including lines of credit, revolving credit, customized treasury management solutions, equipment and technology leasing, international services, and inventory and accounts receivable lending, as well as capital markets services, such as interest rate risk protection products, foreign exchange hedging, and trading of securities. The company also offers telephone banking services; government banking products; and treasury management services, such as remote deposit and merchant services. As of December 31, 2013, it operated through a regional office in Jackson, Michigan; 111 banking centers in Michigan; 39 home loan centers in 19 states; and 9 wholesale lending offices. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

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Corporate Governance 
Flagstar Bancorp Inc.’s ISS Governance QuickScore as of Jul 1, 2014 is 4. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 3; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Alessandro P. DiNello , 59
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Flagstar Bank, Pres of Flagstar Bank and Director of Flagstar Bank
1.37M0.00
Mr. Paul D. Borja , 53
Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Chief Financial Officer-Flagstar Bank, FSB, Exec. Vice-Pres-Flagstar Bank, FSB and Treasurer of Flagstar Bank, FSB
755.00K0.00
Mr. Lee Matthew Smith , 39
Chief Operating Officer, Exec. VP, Chief Operating Officer of Flagstar Bank and Exec. VP of Flagstar Bank
672.00K0.00
Mr. Michael C. Flynn , 58
Chief Legal Officer, Exec. VP, Chief Legal Officer of Flagstar Bank and Exec. VP of Flagstar Bank
678.00K0.00
Mr. Bradley T. Howes ,
Investor Relations Officer
N/AN/A
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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