(:FBC)

Business Focus: N/A

Nov 28, 2022 05:53 pm ET

Nexstar Media Group and PBF Energy Set to Join S&P MidCap 400; Sabre and Nu Skin Enterprises to Join S&P SmallCap 600

NEW YORK, Nov. 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1:

Nov 07, 2022 07:00 am ET

NEW YORK COMMUNITY BANCORP, INC. RECEIVES FINAL REGULATORY APPROVAL FOR THE ACQUISITION OF FLAGSTAR BANCORP, INC.

HICKSVILLE, N.Y. and TROY, Mich., Nov. 7, 2022 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company" or "NYCB") and Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar") today announced that NYCB has received regulatory approval from the Federal Reserve Board (the "FRB") to complete its previously announced acquisition of Flagstar Bancorp, Inc. ("Flagstar"). On October 28, 2022, NYCB and Flagstar announced the receipt of regulatory approval from the Office of the Comptroller of the Currency to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A.

Oct 31, 2022 09:00 pm ET

Bragar Eagel & Squire, P.C. Is Investigating Enviva, Tattooed Chef, Hannon, and Flagstar and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Enviva, Inc. (NYSE: EVA), Tattooed Chef, Inc. (NASDAQ: TTCF), Hannon Armstrong Sustainable Infrastructure Capital, Inc....

Oct 28, 2022 10:39 am ET

Thinking about buying stock in Nuvalent, Tesla, Flagstar Bancorp, Mullen Automotive, or GameStop?

NEW YORK, Oct. 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NUVL, TSLA, FBC, MULN, and GME.

Oct 28, 2022 06:58 am ET

Flagstar Bancorp Announces a Special Dividend of $2.50 per share

TROY, Mich., Oct. 28, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced that its board of directors has declared a special dividend of $2.50 per share on its common stock. The dividend will be paid on November 17, 2022 to shareholders of record at the close of business on November 7, 2022.

Oct 28, 2022 06:55 am ET

OCC APPROVAL RECEIVED FOR THE MERGER OF NEW YORK COMMUNITY BANK AND FLAGSTAR BANK

BOTH COMPANIES MUTUALLY AGREE TO EXTEND MERGER AGREEMENT TO DECEMBER 31, 2022

Oct 27, 2022 01:10 am ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

NEW YORK, Oct. 27, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or the "Company") (NYSE: FBC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Oct 26, 2022 09:00 pm ET

Bragar Eagel & Squire, P.C. Is Investigating Enviva, Tattooed Chef, Hannon, and Flagstar and Encourages Investors to Contact the Firm

Oct 26, 2022 06:45 am ET

Flagstar Bancorp Reports Third Quarter 2022 Net Income of $73 Million, or $1.35 Per Diluted Share

Key Highlights - Third Quarter 2022

Oct 26, 2022 06:30 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., Oct. 26, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable November 17, 2022, to shareholders of record at the close of business November 7, 2022.

Oct 22, 2022 02:33 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

Pomerantz LLP is investigating claims on behalf of investors of Flagstar Bancorp, Inc. (“Flagstar” or the “Company”) (NYSE: FBC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The...

Oct 21, 2022 09:00 pm ET

Bragar Eagel & Squire, P.C. Is Investigating Hannon, Flagstar, Establishment, and FIGS and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI), Flagstar Bancorp, Inc. (NYSE: FBC), Establishment...

Oct 19, 2022 12:08 am ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or the "Company") (NYSE: FBC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Oct 18, 2022 09:00 am ET

Flagstar Bank Advances ESG Efforts With ESG & Sustainability Director

Kirby Brendsel brings nearly two decades of experience to this new role

Oct 17, 2022 10:50 am ET

Flagstar Bancorp Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Block & Leviton is investigating Flagstar Bancorp, Inc. (NYSE: FBC) for potential securities law violations. Investors who have lost money in their Flagstar Bancorp, Inc. investment should contact the firm to learn more about how they might recover...

Oct 16, 2022 11:31 pm ET

FLAGSTAR ALERT: Bragar Eagel & Squire, P.C. is Investigating Flagstar Bancorp, Inc. on Behalf of Flagstar Stockholders and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Flagstar Bancorp, Inc. (“Flagstar” or the “Company”) (NYSE: FBC) on behalf of Flagstar stockholders. Our investigation concerns whether Flagstar has violated the federal securities laws and/or engaged in other unlawful business practices.

Oct 16, 2022 11:24 pm ET

Bragar Eagel & Squire, P.C. Is Investigating Hannon and Flagstar and Encourages Investors to Contact the Firm

Oct 14, 2022 11:22 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

Oct 14, 2022 02:31 pm ET

FLAGSTAR INVESTOR ALERT: Kaplan Fox Investigates Flagstar Following News of DOJ Investigation

Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Flagstar Bancorp, Inc. (“Flagstar” or the “Company”) (NYSE: FBC). If you are an investor of Flagstar and would like to discuss our investigation or...

Oct 10, 2022 06:55 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or the "Company") (NYSE: FBC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

Oct 06, 2022 04:42 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

Oct 06, 2022 04:36 pm ET

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flagstar Bancorp, Inc. - FBC

Aug 24, 2022 09:10 am ET

Black Knight Extends Strategic Relationship with Flagstar Bank for MSP Loan Servicing System and Default Capabilities to Support Rapid Growth of Servicing and Subservicing Portfolios

Flagstar Bank, the fifth largest subservicer in the U.S., has renewed its contract for the MSP loan servicing system to support and accelerate the growth of its portfoliosMSP is a comprehensive, end-to-end loan servicing system that encompasses all aspects of servicing, from loan boarding to default; the platform is used by financial institutions to service approximately 37 million active loansFlagstar Bank has also renewed its contract to use Black Knight's default suite of solutions to help streamline the handling of nonperforming loans and manage loss mitigation processesThe bank is also

Jul 27, 2022 06:30 am ET

Flagstar Bancorp Reports Second Quarter 2022 Net Income of $60 Million, or $1.12 Per Diluted Share

Key Highlights - Second Quarter 2022

Jul 21, 2022 08:30 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., July 21, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable August 18, 2022, to shareholders of record at the close of business August 8, 2022.

Jul 14, 2022 09:00 am ET

Flagstar Bank Completes Third MortgageTech Accelerator Program

Four startups graduated from three-month collaborative program

Jun 24, 2022 12:21 pm ET

Federman & Sherwood Investigates Flagstar Bank (Flagstar Bancorp, Inc.) for Data Breach

The law firm of Federman & Sherwood has initiated an investigation into Flagstar Bank [NYSE: FBC] with respect to a data breach. On June 17, 2022, Flagstar Bank reported that they recently experienced a cyber incident that involved unauthorized access to their network. In response, Flagstar promptly took steps to secure its environment and investigate the incident with the assistance of third-party forensic experts.

Jun 06, 2022 08:00 am ET

Flagstar Bank Eliminates Non-Sufficient Funds Fees

Revamps Overdraft Program to Benefit Customers

May 05, 2022 08:00 am ET

Mark Herron Joins Flagstar Bank as Chief Brand Officer

TROY, Mich., May 5, 2022 /PRNewswire/ -- Flagstar Bank today announced it has hired Mark Herron as chief brand officer for the company. His responsibilities at Flagstar include marketing strategies, sales, branding, technology transformation, data analytics, marketing automation and change management. Additionally, he has oversight of client experience and internal communications.

Apr 27, 2022 06:55 am ET

Flagstar Bancorp Reports First Quarter 2022 Net Income of $53 Million, or $0.99 Per Diluted Share

Key Highlights - First Quarter 2022

Apr 27, 2022 06:45 am ET

NEW YORK COMMUNITY BANCORP, INC. AND FLAGSTAR BANCORP, INC. EXTEND MERGER AGREEMENT

HICKSVILLE, N.Y. and TROY, Mich., April 27, 2022 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") and Flagstar Bancorp, Inc. ("Flagstar") (NYSE: FBC) today announced that they have mutually extended their merger agreement to October 31, 2022.

Apr 21, 2022 08:00 am ET

Jim Linnane Joins Flagstar Bank as Head of Distributed Retail Mortgage Division

TROY, Mich., April 21, 2022 /PRNewswire/ -- Flagstar Bank has named Jim Linnane president of Flagstar's distributed retail mortgage division. In this role, he is responsible for strategy, profitability, sales, growth, recruitment and operations of Flagstar's distributed retail mortgage business.

Apr 20, 2022 06:59 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., April 20, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable May 19, 2022, to shareholders of record at the close of business May 9, 2022.

Apr 13, 2022 08:00 am ET

Flagstar Bank Hires Bertelsen to Lead Retail Banking

TROY, Mich., April 13, 2022 /PRNewswire/ -- Flagstar Bank has hired Anne Mai Bertelsen as executive vice president and head of Retail Banking. In this position, she has oversight of Branch Banking, Consumer Finance, Investment & Insurance Services and National Business Banking.

Jan 31, 2022 05:31 pm ET

/C O R R E C T I O N -- Flagstar Bancorp, Inc./

In the news release, Flagstar Bank Now Accepting Applications for Third MortgageTech Accelerator Program, issued 31-Jan-2022 by Flagstar Bancorp, Inc. over PR Newswire, we are advised by the company that the link in the first paragraph, third sentence, was inadvertently misdirected. The release now includes the updated link.

Jan 31, 2022 08:00 am ET

Flagstar Bank Now Accepting Applications for Third MortgageTech Accelerator Program

TROY, Mich., Jan. 31, 2022 /PRNewswire/ -- Flagstar Bank today announced applications are now open for its third MortgageTech Accelerator program. The national program was designed by Flagstar Bank, the sixth largest bank mortgage originator and subservicer in the country. All applications are due Feb. 18, 2022, at flagstar.com/accelerator.

Jan 26, 2022 05:30 am ET

Flagstar Bancorp Reports Fourth Quarter 2021 Net Income of $85 Million, or $1.60 Per Diluted Share

TROY, Mich., Jan. 26, 2022 /PRNewswire/ --

Jan 20, 2022 05:30 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., Jan. 20, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable February 17, 2022, to shareholders of record at the close of business February 7, 2022.

Nov 09, 2021 07:55 am ET

Flagstar Bank Names Adler Head of Wholesale Banking

TROY, Mich., Nov. 9, 2021 /PRNewswire/ -- Flagstar Bank has named Michael Adler as executive vice president and head of Wholesale Banking, which encompasses all commercial client coverage teams, treasury management sales, commercial real estate, as well as non-mortgage capital markets, and non-consumer-facing areas such as foreign exchange/swaps.

Oct 28, 2021 08:00 am ET

Flagstar Bank Names Campbell Head of Servicing

TROY, Mich., Oct. 28, 2021 /PRNewswire/ -- Flagstar Bank has named James Campbell executive vice president and head of servicing for Flagstar's residential mortgage business. He brings to Flagstar over 30 years' experience in the financial services industry with a focus on the customer experience, employee development, process improvement, automation, and change management.

Oct 27, 2021 06:30 am ET

Flagstar Bancorp Reports Third Quarter 2021 Net Income of $152 Million, or $2.83 Per Diluted Share

TROY, Mich., Oct. 27, 2021 /PRNewswire/ --

Oct 21, 2021 06:45 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., Oct. 21, 2021 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable November 16, 2021, to shareholders of record at the close of business November 6, 2021.

Aug 04, 2021 11:12 am ET

Merger Between New York Community Bancorp, Inc. And Flagstar Bancorp, Inc. Receives Shareholder Approval

HICKSVILLE, N.Y. and TROY, Mich., Aug. 4, 2021 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") and Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar") jointly announced that, at their respective special meetings of shareholders held earlier today, they each received the necessary shareholder approval for the consummation of their planned merger. The transaction is expected to close during the fourth quarter, subject to the satisfaction of certain closing conditions and the receipt of all necessary regulatory approvals.

Jul 28, 2021 06:30 am ET

Flagstar Bancorp Reports Second Quarter 2021 Net Income of $147 million, or $2.74 Per Diluted Share

TROY, Mich., July 28, 2021 /PRNewswire/ --

Jul 28, 2021 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.06 per share

TROY, Mich., July 28, 2021 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable September 15, 2021, to shareholders of record at the close of business September 1, 2021.

Jun 24, 2021 12:18 pm ET

INVESTIGATION ALERT: Halper Sadeh LLP Investigates AMRB, MRLN, PFPT, FBC, GRA; Shareholders are Encouraged to Contact the Firm

NEW YORK, June 24, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Jun 23, 2021 12:16 pm ET

SHAREHOLDER ALERT: WeissLaw LLP Reminds FBC, PFPT, MDP, and GRA Shareholders About Its Ongoing Investigations

If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...

Jun 21, 2021 09:00 am ET

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates MLHR, STL, EBSB, FBC; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Herman Miller, Inc. (NASDAQ: MLHR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...

Jun 18, 2021 11:02 pm ET

INVESTOR ALERT: Monteverde & Associates Continues to Investigate the Following Merger

NEW YORK, June 18, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:

Jun 17, 2021 04:25 pm ET

SHAREHOLDER INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies - FCBP, KNL, PFPT, FBC, GRA, FOE, DISCA

NEW YORK, June 17, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Jun 16, 2021 12:32 pm ET

SHAREHOLDER ALERT: WeissLaw LLP Reminds FCBP, FOE, MSGN, and FBC Shareholders About Its Ongoing Investigations

Jun 08, 2021 11:32 am ET

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates INSW, FBC, XOG, CORE; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: International Seaways, Inc. (NYSE: INSW) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...

Jun 08, 2021 09:03 am ET

SHAREHOLDER ALERT: WeissLaw LLP Reminds MDP, FBC, PFPT, and GRA Shareholders About Its Ongoing Investigations

Jun 01, 2021 11:57 am ET

SHAREHOLDER ALERT: WeissLaw LLP Reminds XOG, SOLY, MDP, and FBC Shareholders About Its Ongoing Investigations

May 06, 2021 10:54 am ET

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates INDB, FBC, NCBS, PFBI; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Independent Bank Corp. (NASDAQ: INDB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...

Apr 28, 2021 10:02 am ET

SHAREHOLDER ALERT: Halper Sadeh LLP Continues to Investigate FBC, TRMT, EFSC; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Flagstar Bancorp, Inc. (NYSE: FBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...

Apr 27, 2021 07:55 pm ET

FLAGSTAR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Flagstar Bancorp, Inc. - FBC

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Flagstar Bancorp, Inc. (NYSE: FBC) to New York Community Bancorp, Inc. (NYSE: NYCB). Under the terms of the proposed transaction, shareholders of Flagstar will receive only 4.0151 shares of New York Community for each share of Flagstar that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Apr 26, 2021 09:05 pm ET

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Flagstar Bancorp, Inc. Merger

Rigrodsky Law, P.A. announces that it is investigating Flagstar Bancorp, Inc. (“Flagstar”) (NYSE: FBC) regarding possible breaches of fiduciary duties and other violations of law related to Flagstar’s agreement to be acquired by New York Community...

Apr 26, 2021 12:59 pm ET

FLAGSTAR ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of FBC and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Flagstar Bancorp, Inc. (NYSE: FBC) breached their fiduciary duties or violated the federal securities...

Apr 26, 2021 09:48 am ET

Flagstar Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Flagstar Bancorp, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – FBC

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Flagstar Bancorp, Inc. (NYSE: FBC) to New York Community Bancorp, Inc. is fair to Flagstar shareholders. Under the terms of the merger, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Upon closing, Flagstar shareholders are expected to own approximately 32% of the combined company.

Jan 21, 2021 05:30 am ET

Flagstar Bancorp Reports Fourth Quarter 2020 Net Income of $154 million, or $2.83 Per Diluted Share

TROY, Mich., Jan. 21, 2021 /PRNewswire/ --

Jan 20, 2021 04:15 pm ET

Flagstar Bancorp Announces Increase in Quarterly Dividend to $0.06 per share

TROY, Mich., Jan. 20, 2021 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock, an increase of $0.01 per share, or 20 percent. The dividend will be payable March 15, 2021, to shareholders of record at the close of business March 1, 2021.

Jan 06, 2021 04:00 pm ET

Flagstar Announces Fourth Quarter 2020 Earnings Call

TROY, Mich., Jan. 6, 2021 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2020 earnings call, which will be held Thursday, January 21, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's fourth quarter 2020 financial results, which will be released at approximately 6:30 a.m. ET on January 21, 2021.

Jan 06, 2021 06:10 am ET

Flagstar Bank Hires Karen Buck to Head Operations

TROY, Mich., Jan. 6, 2021 /PRNewswire/ -- Karen Buck has joined Flagstar Bank as executive vice president and head of Operations. In this role, she is responsible for the Customer Engagement Center, retail and commercial operations, banking operations, and business risk and internal controls.

Dec 21, 2020 09:38 am ET

Flagstar Names Toan Huynh and Lori Jordan to Board of Directors

TROY, Mich., Dec. 21, 2020 /PRNewswire/ -- Flagstar Bancorp today announced the appointment of Toan Huynh and Lori Jordan to its board of directors, keeping a promise made in July to further diversify its board by adding women of color. Both will also serve on the board of Flagstar Bank, the wholly owned subsidiary of the corporation.

Dec 01, 2020 06:10 am ET

Flagstar Bank Announces Startups for MortgageTech Accelerator Program

TROY, Mich., Dec. 1, 2020 /PRNewswire/ -- Flagstar Bank today announced the second cohort of startups to participate in the Flagstar MortgageTech Accelerator program. The three companies are Home Lending Pal, Stavvy and RealKey.

Nov 09, 2020 01:14 pm ET

Flagstar Bank Commits $1 Million in Grants to Local Communities for Black, Indigenous and People of Color-Owned Businesses

TROY, Mich., Nov. 9, 2020 /PRNewswire/ -- Flagstar Bank is keeping a promise and commitment to diversity, equity and inclusion in the communities it serves by giving $1 million in grants to help small businesses owned by Black, Indigenous and people of color whose operating expenses are impacted by COVID-19. Businesses owned by people of color have been especially hard hit by COVID-19, with nearly half of black-owned businesses shuttered by the pandemic.

Nov 05, 2020 10:11 pm ET

Flagstar Bancorp, Inc. Announces Pricing of Secondary Offering of Common Stock

TROY, Mich., Nov. 5, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of its previously announced registered public secondary offering of 9,112,705 shares of the Company's common stock at a public offering price of $30.60 per share. All of the shares have been offered by MP Thrift Investments L.P. ("MP Thrift"). MP Thrift is selling all of their remaining stake in the Company as a result of this offering.

Nov 05, 2020 04:56 pm ET

Flagstar Bancorp, Inc. Announces Proposed Secondary Offering of Common Stock

TROY, Mich., Nov. 5, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the commencement of a registered public secondary offering of 9,112,705 shares of the Company's common stock. All of the shares sold in the offering will be sold by MP Thrift Investments L.P. ("MP Thrift"). MP Thrift is selling all of their remaining stake in the Company as a result of this offering.

Oct 26, 2020 09:40 am ET

Flagstar Bancorp, Inc. Announces Pricing of Subordiated Notes Offering

TROY, Mich., Oct. 26, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of its previously announced underwritten registered offering of $150 million aggregate principal amount of its 4.125% Fixed-to-Floating Rate Subordinated Notes due 2030 (the "Notes"). The price to the public for the Notes was 100% of the principal amount of the Notes. Interest on the Notes will accrue at a rate equal to (i) 4.125% per annum from the original issue date to, but excluding, November 1, 2025, payable semiannually in arrears, and (ii) a floating rate per annu

Oct 22, 2020 02:53 pm ET

Flagstar Bancorp, Inc. Announces Proposed Offering of Subordinated Notes

TROY, Mich., Oct. 22, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the commencement of an underwritten registered offering of Fixed-to-Floating Rate Subordinated Notes due 2030 (the "Notes"). The Notes are intended to qualify as Tier 2 capital for regulatory purposes.

Oct 21, 2020 06:30 am ET

Flagstar Bancorp Reports Third Quarter 2020 Net Income of $222 million, or $3.88 Per Diluted Share

TROY, Mich., Oct. 21, 2020 /PRNewswire/ --

Oct 21, 2020 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.05 per share

TROY, Mich., Oct. 21, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.05 per share on its common stock. The dividend will be payable December 15, 2020, to shareholders of record at the close of business December 1, 2020.

Oct 13, 2020 10:05 am ET

Pontiac High School Implements New STEM Program Through Collaboration with Industry Partners

SOUTHFIELD, Mich., Oct. 13, 2020 /PRNewswire/ -- The Flagstar Bank Foundation has announced a significant contribution to the SME Education Foundation to implement an SME PRIME program at Pontiac High School. The Flagstar Foundation teamed up with the Ralph C. Wilson Foundation and the Community Foundation for Southeast Michigan to support the initiative to bring manufacturing and engineering education and career opportunities to Pontiac High School students.

Jul 28, 2020 06:30 am ET

Flagstar Bancorp Reports Second Quarter 2020 Net Income of $116 Million, or $2.03 Per Diluted Share

TROY, Mich., July 28, 2020 /PRNewswire/ --

Jul 28, 2020 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.05 per share

TROY, Mich., July 28, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.05 per share on its common stock. The dividend will be payable September 15, 2020, to shareholders of record at the close of business September 1, 2020.

Jul 16, 2020 08:00 am ET

Flagstar Bank Hires David W. Hollis as Chief Human Resources Officer

TROY, Mich., July 16, 2020 /PRNewswire/ -- Flagstar Bank has named David W. Hollis executive vice president and chief human resources officer with responsibility for all of the company's HR initiatives. In this role, he will oversee recruiting, training, business partnerships, HR information systems, compensation, pay and benefits, internal communications, employee engagement, and HR's role in implementing diversity and inclusion initiatives.

Jul 08, 2020 09:38 am ET

Flagstar Announces Second Quarter 2020 Earnings Call

TROY, Mich., July 8, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2020 earnings call, which will be held Tuesday, July 28, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's second quarter 2020 financial results, which will be released at approximately 6:30 a.m. ET on July 28, 2020.

Jun 09, 2020 08:15 am ET

Flagstar Bank Names Reginald Davis President of Community Banking

TROY, Mich., June 9, 2020 /PRNewswire/ -- Flagstar Bank has named Reginald Davis President of Banking. Davis is a 35-year veteran of the banking industry who most recently served as head of business banking, including small business, at SunTrust, now Truist.

May 29, 2020 09:00 am ET

Flagstar Changes 2020 Annual Shareholder Meeting to Virtual Attendance

TROY, Mich., May 29, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced today that, due to the continuing coronavirus (COVID-19) pandemic and out of concern for the health and safety of our employees, shareholders and other possible attendees, the 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be held in a virtual-only format, instead of an in-person event.

Apr 28, 2020 06:30 am ET

Flagstar Bancorp Reports First Quarter 2020 Net Income of $46 Million, or $0.80 Per Diluted Share

TROY, Mich., April 28, 2020 /PRNewswire/ --

Apr 28, 2020 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend of $0.05 per share

TROY, Mich., April 28, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.05 per share on its common stock. The dividend will be payable June 15, 2020, to shareholders of record at the close of business June 1, 2020.

Apr 17, 2020 04:30 pm ET

Flagstar Announces First Quarter 2020 Earnings Call

TROY, Mich., April 17, 2020 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2020 earnings call, which will be held Tuesday, April 28, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2020 financial results, which will be released at approximately 6:30 a.m. ET on April 28, 2020.

Oct 29, 2019 11:47 pm ET

Flagstar Bancorp, Inc. Announces Pricing of Secondary Offering of Common Stock

TROY, Mich., Oct. 29, 2019 /PRNewswire/ – Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of its previously announced registered public secondary offering of 6.1 million shares of the Company's common stock for gross proceeds of approximately $221.7 million. All of the shares have been offered by MP Thrift Investments L.P. ("MP Thrift"). MP Thrift has granted the underwriter a 30-day option to purchase up to an additional 0.9 million shares of the Company's common stock.

Oct 29, 2019 04:16 pm ET

Flagstar Bancorp, Inc. Announces Proposed Secondary Offering of Common Stock

TROY, Mich., Oct. 29, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the commencement of a registered public secondary offering of 6.1 million shares of the Company's common stock, or approximately 10.8% of the Company's outstanding common stock. All of the shares sold in the offering will be sold by MP Thrift Investments L.P. ("MP Thrift"). MP Thrift intends to grant the underwriter a 30-day option to purchase up to an additional 0.9 million shares of the Company's common stock.

Oct 28, 2019 09:00 am ET

Flagstar Bank Signs Long-Term Renewal for Black Knight's Industry-Leading MSP Loan Servicing System; Adds Proof of Claims to Support Its Default Operations

JACKSONVILLE, Fla., Oct. 28, 2019 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI) announced today that Flagstar Bank, the fifth largest subservicer in the U.S., has signed a contract extension to continue using MSP, Black Knight's industry-leading servicing system.

Oct 22, 2019 06:30 am ET

Flagstar Bancorp Reports Third Quarter 2019 Net Income of $63 million, or $1.11 Per Diluted Share

TROY, Mich., Oct. 22, 2019 /PRNewswire/ --

Oct 22, 2019 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend on Common Stock

TROY, Mich., Oct. 22, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.04 per share. The dividend will be payable December 16, 2019, to shareholders of record at the close of business December 2, 2019.

Oct 17, 2019 09:57 am ET

Flagstar Bank Names Gibson National Mortgage Sales Director

TROY, Mich., Oct. 17, 2019 /PRNewswire/ -- Flagstar Bank has named John Gibson national sales director for its Third Party Originations Division. In this position, he is responsible for the strategic direction, growth and profitability of Flagstar's broker and correspondent channels. He brings to Flagstar more than 25 years' experience in the mortgage industry, covering both wholesale and retail lending, as well as hiring, training, origination, and servicing.

Sep 18, 2019 05:00 pm ET

Flagstar Bank Announces Final Disposition of its Loan to Live Well Financial

TROY, Mich., Sept. 18, 2019 /PRNewswire/ -- Flagstar Bank, a subsidiary of Flagstar Bancorp, Inc. (NYSE: FBC), today announced it had completed the sale of all the securities acquired as collateral for its loan to Live Well Financial, Inc. As a result, Flagstar has no further exposure remaining. "I am very pleased to have put this situation behind us," said Alessandro DiNello, Flagstar president and chief executive officer. "Criminal and civil legal proceedings are progressing as expected against Live Well and its principals. We continue to cooperate with prosecutors and the SEC, and will o

Sep 05, 2019 04:30 pm ET

Flagstar Announces Third Quarter 2019 Earnings Call

TROY, Mich., Sept. 5, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its third quarter 2019 earnings call, which will be held Tuesday, October 22, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's third quarter 2019 financial results, which will be released at approximately 6:30 a.m. ET on October 22, 2019.

Jul 23, 2019 06:30 am ET

Flagstar Bancorp Reports Second Quarter 2019 Net Income of $61 million, or $1.06 Per Diluted Share

TROY, Mich., July 23, 2019 /PRNewswire/ --

Jul 23, 2019 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend on Common Stock

TROY, Mich., July 23, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.04 per share. The dividend will be payable September 16, 2019, to shareholders of record at the close of business September 3, 2019.

Jul 02, 2019 05:00 pm ET

Flagstar Announces Second Quarter 2019 Earnings Call

TROY, Mich., July 2, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2019 earnings call, which will be held Tuesday, July 23, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's second quarter 2019 financial results, which will be released at approximately 6:30 a.m. ET on July 23, 2019.

May 15, 2019 05:00 pm ET

Flagstar to Audiocast 2019 Annual Meeting of Shareholders

TROY, Mich., May 15, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2019 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 21, 2019, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.

Apr 30, 2019 03:14 pm ET

Flagstar Bank Hires Jason Lee to Head Capital Markets

TROY, Mich., April 30, 2019 /PRNewswire/ -- Flagstar Bank has hired Jason Lee, a seasoned mortgage professional who has held key roles with some of the nation's largest and most successful mortgage originators, to lead Flagstar's Secondary Marketing and Capital Markets operations. Lee brings to Flagstar more than 20 years' experience in the mortgage industry. As executive vice president and head of Secondary Marketing and Capital Markets for Flagstar, he is responsible for all secondary marketing activities including trading, hedging, marketing of residential mortgage-backed securities, pric

Apr 23, 2019 06:30 am ET

Flagstar Bancorp Reports First Quarter 2019 Net Income of $36 million, or $0.63 Per Diluted Share

TROY, Mich., April 23, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported first quarter 2019 net income of $36 million, or $0.63 per diluted share, compared to fourth quarter 2018 net income of $54 million, or $0.93 per diluted share. On an adjusted basis, Flagstar reported net income of 37 million, or $0.64 per diluted share, for the first quarter 2019, compared to net income of $42 million, or $0.72 per diluted share, for the fourth quarter 2018. For the first quarter 2018, Flagstar reported net income of $35 million, or $0.6

Apr 23, 2019 06:00 am ET

Flagstar Bancorp Announces Quarterly Dividend on Common Stock

TROY, Mich., April 23, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.04 per share. The dividend will be payable June 17, 2019, to shareholders of record at the close of business June 3, 2019.

Apr 22, 2019 02:38 pm ET

Flagstar Bank and City of Detroit Announce Neighborhood Partnership with Old Redford

TROY, Mich., April 22, 2019 /PRNewswire/ -- Flagstar Bank today announced Old Redford as the first neighborhood partnership supporting the City of Detroit's Strategic Neighborhood Fund (SNF) and Affordable Housing Leverage Fund (AHLF). The announcement took place at a press conference at Crowell Community Center in Old Redford.

Mar 29, 2019 01:16 pm ET

Flagstar Announces First Quarter 2019 Earnings Call

TROY, Mich., March 29, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2019 earnings call, which will be held Tuesday, April 23, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2019 financial results, which will be released at approximately 6:30 a.m. ET on April 23, 2019.

Mar 28, 2019 03:30 pm ET

Voting Starts April 4 for Flagstar Bank Grants to Local Nonprofits

TROY, Mich., March 28, 2019 /PRNewswire/ -- Following the acquisition of 52 Wells Fargo branches in Indiana, Michigan, Ohio, and Wisconsin, Flagstar Bank is announcing the "Flagstar Crafts Community" initiative, a $260,000 investment in Flagstar's new communities.

Mar 26, 2019 01:07 pm ET

Flagstar Bank Receives Fannie Mae's STAR Performer Award for Fourth Straight Year

TROY, Mich., March 26, 2019 /PRNewswire/ -- Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2018 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. This is the fourth consecutive year Flagstar has received this prestigious recognition. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.

Mar 11, 2019 08:00 am ET

Blake Griffin and Flagstar Bank Partner to Continue Crafting Success

TROY, Mich., March 11, 2019 /PRNewswire/ -- Flagstar Bank and Blake Griffin had a big year in 2018, and both are looking to build on that success by entering a one-year partnership.

Jan 31, 2019 04:43 pm ET

Flagstar Commences $50 Million Accelerated Share Repurchase

TROY, Mich., Jan. 31, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company (the Company") for Flagstar Bank, FSB, today announced that as part of its previously announced intention to return capital to shareholders through dividends and share buybacks, the Company has entered into an accelerated share repurchase ("ASR") agreement with Wells Fargo Bank, N.A. ("Wells Fargo"), to repurchase up to $50 million of the Company's common stock.

Jan 30, 2019 03:05 pm ET

Flagstar Initiates Dividend and $50 Million Share Repurchase

TROY, Mich., Jan. 30, 2019 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its Board of Directors has approved both the initiation of a quarterly dividend and a $50 million share repurchase program. Shareholders of record on March 1, 2019 will receive a quarterly dividend of $0.04 per share on March 15, 2019.

Jan 22, 2019 05:30 am ET

Flagstar Reports Fourth Quarter 2018 Net Income of $54 million, or $0.93 Per Diluted Share

TROY, Mich., Jan. 22, 2019 /PRNewswire/ --

Dec 10, 2018 05:30 am ET

Flagstar Announces Fourth Quarter 2018 Earnings Call

TROY, Mich., Dec. 10, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2018 earnings call, which will be held Tuesday, Jan. 22, 2019, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's fourth quarter 2018 financial results, which will be released at approximately 6:30 a.m. ET on Jan. 22.

Dec 03, 2018 05:30 am ET

Flagstar Closes on Acquisition of 52 Midwest Branches from Wells Fargo Bank

TROY, Mich., Dec. 3, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. ("Company," NYSE: FBC) today reported that its wholly owned subsidiary Flagstar Bank, FSB, has closed its previously announced transaction to acquire 52 branches of Wells Fargo Bank in four Midwest states, including approximately $2 billion in deposits, along with certain related assets.

Nov 14, 2018 06:00 am ET

Detroit FinTech Bay Announces Flagstar Bank As First Founding Partner

DETROIT, Nov. 14, 2018 /PRNewswire/ -- Detroit FinTech Bay today announced its first founding partner for the North American FinTech hub: Flagstar Bank, a home-grown bank with 100 branches in Michigan and home loan locations across the country.

Oct 23, 2018 06:30 am ET

Flagstar Reports Third Quarter 2018 Net Income of $48 million, or $0.83 per Diluted Share

TROY, Mich., Oct. 23, 2018 /PRNewswire/ --

Oct 18, 2018 05:59 pm ET

Flagstar Bancorp and TechTarget Set to Join S&P SmallCap 600

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective at the open of trading on Tuesday, October 23:

Oct 10, 2018 10:00 am ET

Scott Bristol Joins Flagstar Bank as National Mortgage Production Manager

TROY, Mich., Oct. 10, 2018 /PRNewswire/ -- Flagstar Bank has hired Scott Bristol as senior vice president and national production manager of its retail mortgage business. He brings to Flagstar more than 20 years of experience, exclusively in the retail mortgage sector, most notably from New American Funding, where he was national sales manager, and from PrimeLending, where he was president and national sales manager, helping to grow the Retail Division from $2 billion to $15 billion.

Sep 26, 2018 11:52 am ET

Flagstar Announces Third Quarter 2018 Earnings Call

TROY, Mich., Sept. 26, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its third quarter 2018 earnings call, which will be held Tuesday, Oct. 23, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's third quarter 2018 financial results, which will be released at approximately 6:30 a.m. ET on Oct. 23, 2018.

Aug 28, 2018 06:30 am ET

NICE Actimize Transforms Flagstar Bank’s Financial Crime Strategy To Enable Future Transition to Intelligent Automation

NICE Actimize, a NICE (Nasdaq:NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Flagstar Bank to transform and build its financial crime strategy with its new anti-money laundering and case management solutions. The implementation will include NICE Actimize’s recently launched

Aug 16, 2018 03:08 pm ET

Flagstar Announces Lifting of Federal Reserve Supervisory Agreement

TROY, Mich., Aug. 16, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") announced that effective August 14, 2018, the Federal Reserve (Fed) has lifted its Supervisory Agreement with the Company.

Jul 26, 2018 08:48 am ET

Flagstar Bank Hires Jennifer Charters as Chief Information Officer

TROY, Mich., July 26, 2018 /PRNewswire/ -- Flagstar Bank has hired Jennifer Charters as executive vice president and chief information officer with responsibility for the strategic direction of the bank's IT organization, including the successful delivery of technology initiatives and management of IT operations. Previously, she was CIO of Corporate Technology at Ally Financial in Detroit where she was responsible for internal technology solutions across the enterprise.

Jul 24, 2018 06:30 am ET

Flagstar Reports Second Quarter 2018 Net Income of $50 million, or $0.85 per Diluted Share

TROY, Mich., July 24, 2018 /PRNewswire/ --

Jul 10, 2018 08:00 am ET

Flagstar Bank Hires Ryan Goldberg to Lead Retail Banking

TROY, Mich., July 10, 2018 /PRNewswire/ -- Flagstar Bank has hired Ryan Goldberg, previously executive vice president and head of Priority Banking and Branch Small Business at Regions Bank, Birmingham, Alabama, as executive vice president and director of Retail Banking at Flagstar. His responsibilities at Flagstar include Branch Banking, Consumer Finance, National Business Banking, and Investment & Insurance Services.

Jun 28, 2018 10:05 am ET

Flagstar Announces Second Quarter 2018 Earnings Call

TROY, Mich., June 28, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2018 earnings call, which will be held Tuesday, July 24, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's second quarter 2018 financial results, which will be released at approximately 6:30 a.m. ET on July 24, 2018.

Jun 20, 2018 07:40 am ET

Market Trends Toward New Normal in The Chefs' Warehouse, Global Brass and Copper, American Woodmark, BancorpSouth Bank, Visteon, and Flagstar — Emerging Consolidated Expectations, Analyst Ratings

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Chefs' Warehouse, Inc. (NASDAQ:CHEF), Global Brass and Copper...

Jun 11, 2018 08:12 pm ET

Flagstar Bancorp, Inc. Announces Pricing of Secondary Offering of Common Stock

TROY, Mich., June 11, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the pricing of a registered public secondary offering of 8,000,000 shares of the Company's common stock at a public offering price of $34.50 per share. All of the shares have been offered by MP Thrift Investments L.P. ("MP Thrift"). MP Thrift has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of the Company's common stock. The Company will not receive any of the proceeds from the sale of the shares by MP Thrift. The offering is expected

Jun 11, 2018 07:45 am ET

Flagstar Bancorp, Inc. Announces Proposed Secondary Offering of Common Stock

TROY, Mich., June 11, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced the commencement of a registered public secondary offering of 8,000,000 shares of the Company's common stock, or approximately 14% of the Company's outstanding common stock. All of the shares sold in the offering will be sold by MP Thrift Investments L.P. ("MP Thrift").

Jun 05, 2018 08:00 am ET

Flagstar Bank to Acquire 52 Branches and $2.3 Billion in Deposits from Wells Fargo Bank in Indiana, Michigan, Wisconsin and Ohio

TROY, Mich., June 5, 2018 /PRNewswire/ --

May 02, 2018 02:08 pm ET

Flagstar to Audiocast Annual Meeting of Shareholders

TROY, Mich., May 2, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2018 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 22, 2018, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.

Apr 27, 2018 07:30 am ET

Consolidated Research: 2018 Summary Expectations for AdvanSix, Flagstar, CalAmp, Agree Realty, Cowen Group, and BioTelemetry — Fundamental Analysis, Key Performance Indications

NEW YORK, April 27, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AdvanSix Inc. (NYSE:ASIX), Flagstar Bancorp, Inc....

Apr 24, 2018 06:30 am ET

Flagstar Reports First Quarter 2018 Net Income of $35 million, or $0.60 per Diluted Share

TROY, Mich., April 24, 2018 /PRNewswire/ --

Apr 02, 2018 06:30 am ET

Flagstar Announces First Quarter 2018 Earnings Call

TROY, Mich., April 2, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2018 earnings call, which will be held Tuesday, April 24, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2018 financial results, which will be released at approximately 6:30 a.m. ET on April 24, 2018.

Mar 28, 2018 04:05 pm ET

Flagstar Bank Receives Fannie Mae's STAR Performer Award for Third Straight Year

TROY, Mich., March 28, 2018 /PRNewswire/ -- Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2017 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category for the third consecutive year. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.

Mar 19, 2018 06:30 am ET

Flagstar Closes on Acquisition of Desert Community Bank Branches from East West Bank

TROY, Mich., March 19, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. ("Company," NYSE: FBC) today reported that its wholly owned subsidiary Flagstar Bank, FSB, has closed its previously announced transaction to acquire eight Desert Community Bank branches in San Bernardino County, Calif., with approximately $600 million in deposits, from East West Bank along with certain related assets. Terms of the transaction were not disclosed.

Mar 12, 2018 04:05 pm ET

Flagstar Closes on Acquisition of Mortgage Warehouse Portfolio from Santander Bank

TROY, Mich., March 12, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today reported that its wholly owned subsidiary Flagstar Bank, FSB, has closed its previously announced transaction to purchase the mortgage warehouse loan portfolio from Santander Bank, including approximately $1.7 billion in mortgage warehouse loan commitments. Terms of the transaction were not disclosed.

Feb 27, 2018 07:40 am ET

New Research Coverage Highlights Orbital ATK, Imperva, Dave & Buster's Entertainment, Flagstar, W.R. Grace, and ChromaDex — Consolidated Revenues, Company Growth, and Expectations for 2018

NEW YORK, Feb. 27, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Orbital ATK, Inc. (NYSE:OA), Imperva, Inc....

Feb 20, 2018 03:05 pm ET

Flagstar Bank to Acquire Mortgage Warehouse Loan Portfolio from Santander Bank

TROY, Mich., Feb. 20, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced that its wholly owned subsidiary Flagstar Bank, FSB, has signed a definitive agreement to purchase a mortgage warehouse loan portfolio from Santander Bank. As part of this transaction, Flagstar will hire the existing relationship managers, adding depth and experience to its warehouse business. Terms of the transaction were not disclosed.

Feb 12, 2018 05:30 am ET

Flagstar Bank Reaffirms Commitment to Quality VA Lending

TROY, Mich., Feb. 12, 2018 /PRNewswire/ -- Flagstar Bank today reaffirmed its commitment to responsible lending and the overall strength of its VA lending program, and addressed recent news articles alleging that certain lenders, including Flagstar, churned loans to veterans.

Jan 23, 2018 05:30 am ET

Flagstar Reports Fourth Quarter 2017 Financial Results and Announces Regulatory Approval to Acquire Eight Branches in Southern California

TROY, Mich., Jan. 23, 2018 /PRNewswire/ --

Jan 18, 2018 05:55 am ET

Flagstar Bank Welcomes Consumer Direct Mortgage Team from Capital One

TROY, Mich., Jan. 18, 2018 /PRNewswire/ --

Jan 02, 2018 09:33 am ET

Flagstar Announces Fourth Quarter 2017 Earnings Call

TROY, Mich., Jan. 2, 2018 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2017 earnings call, which will be held Tuesday, Jan. 23, 2018, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's fourth quarter 2017 financial results, which will be released at approximately 6:30 a.m. ET on Jan. 23, 2018.

Dec 26, 2017 03:18 pm ET

Flagstar Announces Impact of Tax Cuts and Jobs Act

TROY, Mich., Dec. 26, 2017 /PRNewswire/ --

Dec 20, 2017 07:35 am ET

Market Trends Toward New Normal in TG Therapeutics, Boingo Wireless, Dave & Buster's Entertainment, Flagstar, Superior Industries International, and Benchmark Electronics — Emerging Consolidated Expec

NEW YORK, Dec. 20, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of TG Therapeutics, Inc. (NASDAQ:TGTX), Boingo...

Dec 12, 2017 09:19 am ET

FirstClose Aligns with Flagstar Bank to Provide Reporting and Closing Solution

FirstClose, a provider of technology solutions for mortgage lenders nationwide, today announced an ongoing partnership with Flagstar Bancorp, Inc. (NYSE: FBC) that will provide Flagstar access to an end-to-end home equity lending technology solution, as well as a vendor management system that eliminates duplicate data entry.

Nov 29, 2017 10:31 am ET

Flagstar Bank Announces eNotes for eWarehouse Lending

TROY, Mich., Nov. 29, 2017 /PRNewswire/ -- Flagstar Bank today announced it is now accepting eNotes to fund its warehouse lending transactions.

Nov 13, 2017 04:05 pm ET

Flagstar Bank to Acquire Desert Community Bank Branches from East West Bank

TROY, Mich., Nov. 13, 2017 /PRNewswire/ --

Oct 25, 2017 10:00 am ET

Flagstar Bank Wins Diversity & Inclusion Leadership Award

TROY, Mich., Oct. 25, 2017 /PRNewswire/ -- Flagstar Bank has received the 2017 Residential Diversity & Inclusion award from the Mortgage Bankers Association. Flagstar won in the category of organizational diversity and inclusion for companies with more than 1,000 employees. The other award category was for market outreach strategies.

Oct 24, 2017 07:30 am ET

Flagstar Reports Third Quarter 2017 Net Income of $40 million, or $0.70 per Diluted Share

TROY, Mich., Oct. 24, 2017 /PRNewswire/ --

Oct 19, 2017 06:22 pm ET

Flagstar Announces 2017 Dodd-Frank Act Stress Test Results

TROY, Mich., Oct. 19, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced the results of its company-run 2017 Dodd-Frank Act Stress Test ("DFAST"), conducted in accordance with regulations of the Board of Governors of the Federal Reserve (the "FRB") and the Office of the Comptroller of the Currency ("OCC").

Sep 29, 2017 07:30 am ET

Flagstar Announces Third Quarter 2017 Earnings Call

TROY, Mich., Sept. 29, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its third quarter 2017 earnings call, which will be held Tuesday, Oct. 24, 2017, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's third quarter 2017 financial results, which will be released at approximately 6:30 a.m. ET on Oct. 24, 2017.

Sep 27, 2017 11:48 am ET

Flagstar Bank Launches Small Business Development Funding in Pontiac

TROY, Mich., Sept. 27, 2017 /PRNewswire/ -- Flagstar Bank today announced the first disbursement—$500,000—of its $2.5 million investment in small business development in Pontiac. This small business initiative is part of Flagstar's five-year, $10 million commitment to help revitalize the city.

Sep 11, 2017 10:05 am ET

Flagstar Bank and Oakland University Partner to Deliver Actionable Economic Data to Broader Audience

TROY, Mich., Sept. 11, 2017 /PRNewswire/ -- Flagstar Bank and the Southeastern Michigan Economic Data Center (SEMEDC), a unit of Oakland University's business school, have teamed up to expand SEMEDC's analysis of key economic trends and bring its insights to a broader audience.

Sep 06, 2017 12:49 pm ET

Flagstar Bank Announces Foundation

TROY, Mich., Sept. 6, 2017 /PRNewswire/ -- Flagstar Bank announced it has established the Flagstar Foundation to focus its charitable giving on specific areas that align with the bank's community reinvestment activities, employee board memberships, and volunteer activities.

Aug 02, 2017 07:30 am ET

Flagstar Hires Kristy Fercho as President of Mortgage

TROY, Mich., Aug. 2, 2017 /PRNewswire/ -- Flagstar Bank has hired Kristy Fercho, previously senior vice president and customer delivery executive for Fannie Mae, to lead Flagstar's mortgage business. Flagstar originated $32 billion in home loans in 2016.

Jul 31, 2017 05:05 pm ET

Flagstar Announces Closing of Inaugural RMBS Securitization

TROY, Mich., July 31, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced it has closed its securitization of $444 million of residential mortgage-backed certificates (RMBS) issued by Flagstar Mortgage Trust 2017-1 (FSMT 2017-1). The certificates are supported by 668 jumbo prime (75%) and high-balance conforming (25%) loans. The pool comprises loans Flagstar originated through its retail, broker and correspondent channels.

Jul 27, 2017 02:25 pm ET

Flagstar Bank Joins Coalition of Chief Executives to Advance Diversity & Inclusion in the Workplace

TROY, Mich., July 27, 2017 /PRNewswire/ -- Flagstar Bank has joined a growing coalition of chief executives nationwide pledging to advance diversity and inclusion in the workplace. By signing the CEO Action for Diversity & Inclusion,™ Flagstar CEO Alessandro DiNello has committed himself and Flagstar to the goals of the coalition.

Jul 26, 2017 02:00 pm ET

Detroit Pistons And Flagstar Bank Announce Historic Jersey Partnership

AUBURN HILLS, Mich., July 26, 2017 /PRNewswire/ -- The Detroit Pistons, one of the NBA and region's most recognized sports teams, and Flagstar Bank, the largest savings bank headquartered in Michigan and the fifth-largest bank mortgage originator in the country, are unveiling a multi-year corporate partnership deal that brands Flagstar Bank as the franchise's first-ever jersey partner and designates it the official banking and mortgage sponsor of the Detroit Pistons.

Jul 25, 2017 07:30 am ET

Flagstar Reports Second Quarter 2017 Net Income of $41 million, or $0.71 per Diluted Share

TROY, Mich., July 25, 2017 /PRNewswire/ --

Jul 05, 2017 07:30 am ET

Flagstar Announces Second Quarter 2017 Earnings Call

TROY, Mich., July 5, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2017 earnings call, which will be held Tuesday, July 25, 2017, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's second quarter 2017 financial results, which will be released at approximately 6:30 a.m. ET on July 25, 2017.

May 31, 2017 02:32 pm ET

Flagstar Named a 2017 'Best Bank' By Kiplinger's Personal Finance

TROY, Mich., May 31, 2017 /PRNewswire/ -- Flagstar Bank has been named to Kiplinger's Personal Finance's first-ever rankings of the Best Banks in the U.S. To identify the crème de la crème, the magazine picked a winner and runner-up among national banks, nationally available credit unions and internet banks, plus the best bank in each of four regions, as well as the top and runner-up institutions in a number of personalized categories.

May 30, 2017 12:27 pm ET

Flagstar Names Ottaway to Drive Growth in Community Banking

TROY, Mich., May 30, 2017 /PRNewswire/ -- Flagstar Bank has named Andrew (Drew) Ottaway, executive vice president and head of lending, to the additional role of president of the bank's Michigan market, with responsibility for Flagstar's retail platform and 99 branches in Michigan.

May 15, 2017 05:25 pm ET

Flagstar Closes on Acquisition of Opes Advisors

TROY, Mich., May 15, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today reported it has closed its previously announced transaction to acquire certain assets of Opes Advisors, Inc., a retail mortgage originator and wealth advisory firm headquartered in Cupertino, Calif. The transaction was announced April 3, 2017.

May 03, 2017 07:30 am ET

Flagstar to Audiocast 2017 Annual Meeting of Shareholders

TROY, Mich., May 3, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2017 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 23, 2017, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.

Apr 25, 2017 07:30 am ET

Flagstar Reports First Quarter 2017 Net Income of $27 million, or $0.46 per Diluted Share

TROY, Mich., April 25, 2017 /PRNewswire/ --

Apr 05, 2017 10:05 am ET

Flagstar Bank Receives Fannie Mae's STAR Performer Award for Second Straight Year

TROY, Mich., April 5, 2017 /PRNewswire/ -- Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2016 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category for the second consecutive year. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.

Apr 03, 2017 07:14 pm ET

Flagstar to Acquire Opes Advisors, Inc.

TROY, Mich., April 3, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced today the signing of a definitive agreement under which it will acquire certain assets of Opes Advisors, Inc. Terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and is expected to close within the next 30 days.

Apr 03, 2017 01:34 pm ET

Flagstar Announces First Quarter 2017 Earnings Call

TROY, Mich., April 3, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2017 earnings call, which will be held Tuesday, April 25, 2017, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2017 financial results, which will be released at approximately 6:30 a.m. ET on April 25, 2017.

Mar 13, 2017 10:56 am ET

Flagstar Sponsors Race 13.1

TROY, Mich., March 13, 2017 /PRNewswire/ -- Flagstar Bank has signed on as title sponsor of the first-ever Michigan Summer Race 13.1 Series. The half marathon, 10k, and 5k races are slated for June 18 in Lansing, July 22 in Detroit, and Aug. 12 in Grand Rapids.

Feb 28, 2017 05:55 pm ET

Flagstar Closes on Acquisition of Delegated Correspondent Business from Stearns Lending, LLC

TROY, Mich., Feb. 28, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced today it has closed the transaction announced Feb. 6, 2017 to acquire the Residential Mortgage Delegated Correspondent Lending platform of Stearns Lending, LLC, along with certain related assets. Terms of the transaction were not disclosed.

Feb 06, 2017 05:01 pm ET

Flagstar to Acquire Delegated Correspondent Business from Stearns Lending, LLC

TROY, Mich., Feb. 6, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced today the signing of a definitive agreement under which it will acquire the Residential Mortgage Delegated Correspondent Lending platform of Stearns Lending, LLC, (Stearns) along with certain related assets. Terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and is expected to close within the next 30 days.

Feb 02, 2017 03:50 pm ET

Flagstar Expands Capital Markets Solutions With New Hire

TROY, Mich., Feb. 2, 2017 /PRNewswire/ -- Flagstar Bank has hired Kurt Hocker to lead expanded capital markets activities. Hocker joined Flagstar as senior vice president and director of Capital Markets from Union Bank of California where he served as executive vice president and head of Commercial Capital Markets. He has 25 years' experience in commercial banking activities, with several years focused exclusively on capital markets.

Jan 24, 2017 06:30 am ET

Flagstar Reports Fourth Quarter 2016 Net Income of $28 million, or $0.49 per Diluted Share

TROY, Mich., Jan. 24, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported fourth quarter 2016 net income of $28 million, or $0.49 per diluted share, as compared to $57 million, or $0.96 per diluted share, in the third quarter 2016 and $33 million, or $0.44 per diluted share, in the fourth quarter 2015.

Jan 19, 2017 08:10 am ET

Flagstar Names Former Fannie Mae Executive to Boards

TROY, Mich., Jan. 19, 2017 /PRNewswire/ -- Jennifer Whip, managing director for Garrett, McAuley & Co., and former long-time executive with Fannie Mae, has joined the board of directors of Flagstar Bank and Flagstar Bancorp.

Jan 05, 2017 02:52 pm ET

Bernstein-Rein Wins Flagstar Bank in Competitive Review

Flagstar Bank (NYSE: FBC), the largest savings bank in Michigan, the fifth largest in the country, and a leading national originator of residential mortgage loans, has named Bernstein-Rein as its agency of record following a review managed by the...

Jan 04, 2017 06:30 am ET

Flagstar Announces Fourth Quarter 2016 Earnings Call

TROY, Mich., Jan. 4, 2017 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its fourth quarter 2016 earnings call, which will be held Tuesday, Jan. 24, 2017, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's fourth quarter 2016 financial results, which will be released at approximately 6:30 a.m. ET on Jan. 24, 2017.

Dec 20, 2016 04:05 pm ET

Flagstar Announces Lifting of OCC Consent Order

TROY, Mich., Dec. 20, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), announced on December 20, 2016, that the Office of the Comptroller of the Currency (OCC) has terminated its Consent Order with Flagstar Bank, FSB, a wholly owned subsidiary of the Company. The effective date of the termination was December 19, 2016.

Oct 25, 2016 07:00 am ET

Flagstar Reports Third Quarter 2016 Net Income of $57 million, or $0.96 per Diluted Share

TROY, Mich., Oct. 25, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported third quarter 2016 net income of $57 million, or $0.96 per diluted share, as compared to $47 million, or $0.66 per diluted share, in the second quarter 2016 and $47 million, or $0.69 per diluted share, in the third quarter 2015.

Oct 24, 2016 05:30 pm ET

Flagstar Announces 2016 Dodd-Frank Act Stress Test Results

TROY, Mich., Oct. 24, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE:FBC) today announced the results of its company-run 2016 Dodd-Frank Act Stress Test ("DFAST"), conducted in accordance with regulations of the Board of Governors of the Federal Reserve (the "FRB") and the Office of the Comptroller of the Currency ("(OCC").

Oct 06, 2016 08:30 am ET

Flagstar Announces Third Quarter 2016 Earnings Call

TROY, Mich., Oct. 6, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its third quarter 2016 earnings call, which will be held Tuesday, Oct. 25, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's third quarter 2016 financial results, which will be released at approximately 6:30 a.m. ET on Oct. 25, 2016.

Sep 19, 2016 12:45 pm ET

Flagstar Hires Don Klein to Lead Subservicing Business Development

TROY, Mich., Sept. 19, 2016 /PRNewswire/ -- Flagstar Bank has hired mortgage industry veteran Don Klein to expand the reach of its comprehensive subservicing offering. Klein joins Flagstar as senior vice president of business development and brings to Flagstar 25 years' experience in the mortgage industry.

Aug 01, 2016 07:30 am ET

Flagstar Completes Repayment of TARP Funds

TROY, Mich., Aug.1, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced that it has now completed its repayment of funds initially received under the Troubled Asset Relief Program ("TARP") through redemption of all $267 million of the company's Fixed Rate Cumulative Perpetual Preferred Stock, Series C, originally issued to the U.S. Department of the Treasury as part of TARP, plus payment of $104 million in accrued and unpaid dividends. Flagstar funded the total redemption cost of $371 million through a combination of internal liquidity, including a $200 million dividend from it

Jul 26, 2016 07:30 am ET

Flagstar Reports Second Quarter 2016 Net Income of $47 million, or $0.66 per Diluted Share

TROY, Mich., July 26, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported second quarter 2016 net income of $47 million, or $0.66 per diluted share, as compared to $39 million in the first quarter 2016, or $0.54 per diluted share, and net income of $46 million in the second quarter 2015, or $0.68 per diluted share.

Jul 07, 2016 08:00 am ET

Flagstar Announces Second Quarter 2016 Earnings Call

TROY, Mich., July 7, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2016 earnings call, which will be held Tuesday, July 26, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's second quarter 2016 financial results, which will be released at approximately 6:30 a.m. July 26, 2016.

Jun 29, 2016 06:08 pm ET

Flagstar Announces Redemption of TARP Preferred Stock

TROY, Mich., June 29, 2016 /PRNewswire/ -- As announced on June 27, 2016, Flagstar Bancorp, Inc. (NYSE: FBC) received written non-objection from The Federal Reserve Bank of Chicago, acting pursuant to the authority delegated by the Board of Governors of the Federal Reserve System, to redeem $267 million of its Fixed Rate Cumulative Perpetual Preferred Stock, Series C (the "TARP Preferred"). Today, Flagstar announced that it has sent the required 30 day redemption notice letters to holders of these securities, informing them of its intention to redeem the TARP Preferred on July 29, 2016. The

Jun 29, 2016 06:00 pm ET

Flagstar Announces Pricing of $250 Million Senior Notes

TROY, Mich., June 29, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced today the pricing of its previously announced offering of $250 million in aggregate principal amount of its 6.125% Senior Notes due 2021 (the "Senior Notes"). The offering is expected to close on July 11, 2016, subject to customary closing conditions.

Jun 27, 2016 07:30 am ET

Flagstar Receives Regulatory Approval to Redeem TARP Preferred Stock

TROY, Mich., June 27, 2016 /PRNewswire/ -- On June 23, 2016, Flagstar Bancorp, Inc. ("the "Company") (NYSE: FBC) received written non-objection from The Federal Reserve Bank of Chicago, acting pursuant to the authority delegated by the Board of Governors of the Federal Reserve System, to redeem $267 million of its Fixed Rate Cumulative Perpetual Preferred Stock, Series C (the "TARP Preferred"). Before redeeming the TARP Preferred, which requires that the Company simultaneously pay approximately $102 million of accrued and unpaid dividends, the Company will pay approximately $31 million of de

May 24, 2016 07:30 am ET

Flagstar Earns Investment-Grade Ratings and Stable Outlook from Egan-Jones Ratings Company

TROY, Mich., May 24, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced that it has earned investment-grade ratings from the Egan-Jones Ratings Company ("EJR"). EJR assigned a long-term corporate issuer rating of A with a stable outlook and a short-term commercial paper rating of A1 to Flagstar Bancorp, Inc.

May 12, 2016 10:00 am ET

Flagstar to Audiocast Annual Meeting of Shareholders

TROY, Mich., May 12, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today announced plans to audiocast its 2016 Annual Meeting of Shareholders. The annual meeting will be held Tuesday, May 24, 2016, at 8:30 a.m. (ET) at Flagstar's national headquarters, 5151 Corporate Drive, Troy, MI 48098.

Apr 26, 2016 07:30 am ET

Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share

TROY, Mich., April 26, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported first quarter 2016 net income of $39 million, or $0.54 per diluted share, as compared to $33 million in the fourth quarter 2015, or $0.44 per diluted share, and net income of $32 million in the first quarter 2015, or $0.43 per diluted share.

Apr 25, 2016 09:00 am ET

Flagstar Bank Receives Fannie Mae's 2015 STAR Performer Award

TROY, Mich., April 25, 2016 /PRNewswire/ -- Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2015 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.

Apr 18, 2016 05:05 pm ET

Flagstar Earns Investment-Grade Ratings and Stable Outlook From Kroll Bond Rating Agency

TROY, Mich., April 18, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced that it has earned investment-grade ratings with a stable outlook from the Kroll Bond Rating Agency ("KBRA"). KBRA assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Flagstar Bancorp, Inc. Flagstar Bank, FSB was assigned a deposit rating of BBB+, a senior unsecured debt rating of BBB+, and short-term debt and deposit ratings of K2. The outlook on all long-term ratings is stable.

Apr 04, 2016 01:39 pm ET

Flagstar Announces First Quarter 2016 Earnings Call

TROY, Mich., April 4, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2016 earnings call, which will be held Tuesday, April 26, 2016, at 11 a.m. ET. The purpose of the call is to discuss Flagstar's first quarter 2016 financial results, which will be released at approximately 6:30 a.m. April 26, 2016.

Feb 24, 2016 10:21 am ET

Flagstar Bank Names New Team to Lead Expansion of Home Lending Channel

TROY, Mich., Feb. 24, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced it has named Flagstar first vice president, Don Bleuenstein, to the position of Home Lending Eastern U.S. Division sales director. Additionally, Jens Lovell has joined Flagstar from BBVA Compass Bank as Flagstar's Home Lending Western U.S. Division sales director.

Feb 11, 2016 03:00 pm ET

Flagstar Bank Launches National Homebuilder Lending Platform to Expand and Diversify Commercial Lending

TROY, Mich., Feb. 11, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) announced that it has launched a national homebuilder lending platform, which will support the expansion and diversification of the company's commercial lending business and boost its commercial banking presence on a national scale.

Jan 26, 2016 06:30 am ET

Flagstar Reports Fourth Quarter 2015 Net Income of $33 million, or $0.44 per Diluted Share

TROY, Mich., Jan. 26, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today reported fourth quarter 2015 net income of $33 million, or $0.44 per diluted share, as compared to $47 million in the third quarter 2015, or $0.69 per diluted share, and net income of $11 million in the fourth quarter 2014, or $0.07 per diluted share. The full year 2015 net income was $158 million, or $2.24 per diluted share, as compared to a full year 2014 net loss of $70 million, or $1.72 loss per diluted share.

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