FLAGSTAR BANCORP INC Stock, NYSE:FBC
5151 CORPORATE DRIVE, TROY, MI 48098-2639
United States of America
Number of Employees: 2886
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial, small business, 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, home builder finance loans, and warehouse lines of credit. It also provides other financial services to consumer and commercial customers, including lines of credit; revolving credit; treasury management solutions; equipment leasing; inventory and accounts receivable lending; and capital markets services comprising interest rate risk protection products. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and held-for-investment (HFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through home loan and, national call centers, Internet, unaffiliated banks, mortgage banking, and brokerage companies. Its Mortgage Servicing segment offers services and subservices mortgage loans; and residential mortgages HFI and mortgage servicing rights, as well as noninterest-bearing escrow services. At December 31, 2016, the company operated a regional office in Jackson, Michigan; and 99 full services banking branches in Michigan, as well as leased 31 retail offices located in 19 states, 4 wholesale lending offices, and 3 commercial lending offices. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.