FBC - Flagstar Bancorp, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Flagstar Bancorp, Inc.

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

SectorFinancial
IndustrySavings & Loans
Full Time Employees4,171

Key Executives

NameTitlePayExercisedYear Born
Mr. Alessandro P. DiNelloPres, CEO & Director2.22MN/A1955
Mr. James K. CiroliExec. VP & CFO893.03kN/A1966
Mr. Stephen V. FigliuoloExec. VP & Chief Risk Officer659.07kN/A1957
Ms. Kristy Williams FerchoExec. VP & Pres of Mortgage of Bank819.65kN/A1966
Mr. Lee Matthew SmithExec. VP & COO of Flagstar Bank1.5MN/A1975
Amounts are as of December 31, 2018 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, as well as wealth management 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, 2018, the company provided banking services through 160 full service banking branches; and home loans through a wholesale network of brokers and correspondents in 50 states, as well as 75 retail locations in 24 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 4, 2019 is 6. 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.