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Saturday, November 28, 2009, 9:21AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Flagstar Bancorp Inc. (FBC)On Nov 27: 0.65  Down 0.03 (4.41%)  
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Flagstar Bancorp Inc.
5151 Corporate Drive
Troy, MI 48098
United States - Map
Phone: 248-312-2000
Fax: 248-338-7704
Web Site: http://www.flagstar.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:3,920

BUSINESS SUMMARY 
Flagstar Bancorp, Inc. operates as the holding company for Flagstar Bank, FSB that offers consumer and commercial financial products and services to individuals, and small and middle market businesses in Michigan, Indiana, and Georgia. The company engages in generating deposits and originating loans. Its deposit products include demand deposits, savings and money market accounts, checking deposits, certificates of deposits, municipal deposits, national deposits, and company controlled deposits. The company’s loan portfolio comprises single-family mortgage loans, consumer loans, commercial real estate loans, non-real estate commercial loans, and residential mortgage loans for others. It also originates, acquires, sells, and services one-to-four family residential mortgage loans. The company, through its subsidiaries, acts as an agent for life insurance, health and casualty insurance, and reinsurance companies; and provides on-line paperless office solutions for mortgage originators. It also engages in holding investment loans, purchasing securities, selling and securitizing mortgage loans, maintaining and selling mortgage servicing rights, developing new loan products, establishing pricing for mortgage loans to be acquired, providing for lock-in support, and managing interest rate risk associated with these activities. As of December 31, 2008, the company operated 175 banking centers; and 104 home loan centers. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Flagstar Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 56.3% of Russell 3000 companies and 69% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Paul D. Borja , 48
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Chief Financial Officer of Flagstar Bank, FSB, Exec. VP-Flagstar Bank, FSB and Treasurer of Flagstar Bank, FSB
    $ 614.00K $ 0
    Ms. Kirstin A. Hammond , 43
    Chief Investment Officer, Exec. VP, Pres of Flagstar Capital Markets Corp., Chief Investment Officer - Flagstar Bank and Exec. VP - Flagstar Bank
    $ 533.00K $ 0
    Mr. Joseph P. Campanelli , 53
    Chairman, Chief Exec. Officer, Pres , Chairman of Flagstar Bank FSB, Chief Exec. Officer of Flagstar Bank FSB and Pres of Flagstar Bank FSB
    N/A N/A
    Ms. Mary Kay Ruedisueli ,
    Exec. VP and Sec.
    N/A N/A
    Mr. Joel D. Murray ,
    Sr. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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