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Flagstar Bancorp, Inc. (FBC)

NYSE - NYSE Delayed Price. Currency in USD
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29.35-0.65 (-2.17%)
At close: 4:00PM EDT

Flagstar Bancorp, Inc.

5151 Corporate Drive
Troy, MI 48098-2639
United States
248-312-2000
http://www.flagstar.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees4,871

Key Executives

NameTitlePayExercisedYear Born
Mr. Alessandro P. DiNelloPres, CEO & Director2.72MN/A1955
Mr. James K. CiroliExec. VP & CFO1.06MN/A1966
Mr. Stephen V. FigliuoloExec. VP & Chief Risk Officer763.29kN/A1957
Mr. Lee Matthew SmithPres of Mortgage of Flagstar Bank1.8MN/A1975
Mr. Bryan L. MarxSr. VP & Chief Accounting OfficerN/AN/A1976
Kenneth SchellenbergVP of Investor RelationsN/AN/AN/A
Mr. Patrick M. McGuirkExec. VP & Gen. CounselN/AN/A1970
Ms. Karen A. SabatowskiChief Compliance Officer and Exec. VPN/AN/AN/A
Mr. Palmer T. Heenan Jr.Exec. VP and Mang. of Secondary MarketingN/AN/AN/A
Mr. Paul D. BorjaExec. VP & Sr. Deputy Gen. CounselN/AN/A1961
Amounts are as of December 31, 2019 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.

Description

Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. Its Community Banking segment offers various products, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer and commercial loans, commercial real estate loans, equipment finance and leasing, home builder finance loans, and warehouse lines of credit. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, and investment and insurance products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and loans held-for-investment (LHFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through mortgage branches, call centers, the Internet, and third party counterparties. Its Mortgage Servicing segment offers services and subservices mortgage loans; and the servicing of residential mortgages for its LHFI portfolio, as well as noninterest-bearing escrow services. As of December 31, 2019, the company provided banking services through 160 full service banking branches; and mortgages through a wholesale network of brokers and correspondents in 50 states, as well as 88 retail locations in 27 states. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.

Corporate Governance

Flagstar Bancorp, Inc.’s ISS Governance QualityScore as of October 31, 2019 is 7. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.