flagstar bancorp inc. Resources | BNET
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Flagstar Bancorp Inc. (FBC) is in the Financial Services Industry

Revenue
Dec 31 2007
$1.0B
Profit
Dec 31 2007
($39.2M)
Market Cap
Aug 27 2008
$318.2M

Latest News and Analysis

Additional Resources

  • Flagstar to Present at Lehman Brothers Global Financial Services Conference

    TROY, Mich., Aug. 15 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. will present on Wednesday, September 10, 2008 at the Lehman Brothers Global Financial Services Conference, which is taking place at the Hilton New York, New York City. Attending the conference for Flagstar Bancorp will be Mark Hammond,...

    Articles 2008-08-15

  • Flagstar Bank Opens Banking Center in Lawrenceville, Ga

    ATLANTA, July 23 /PRNewswire-FirstCall/ -- Flagstar Bank today opened a new banking center 4780 Sugarloaf Parkway in Lawrenceville, Ga. Hours at the banking center are 8:30 a.m. to 5:30 p.m. Monday through Friday, 8:30 a.m. to noon Saturday and noon to 4 p.m. Sunday. The drive-up is open 7:30...

    Articles 2008-07-23

  • Flagstar Bancorp Announces Quarterly Conference Call

    TROY, Mich., June 24 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. today released instructions for its second quarter 2008 Analyst / Investor Conference Call. The purpose of the call is to discuss the Company's second quarter 2008 earnings that will be released after the close of...

    Articles 2008-06-24

  • Flagstar Bank Opens Third Banking Center in Alpharetta, Ga

    ATLANTA, June 4 /PRNewswire-FirstCall/ -- Flagstar Bank today opened a new banking center at 6197 Windward Parkway in Alpharetta, Ga., its third banking office in the community. Hours at the banking center are 8:30 a.m. to 5:30 p.m. Monday through Friday, 8:30 a.m. to noon Saturday...

    Articles 2008-06-04

  • Flagstar To Strengthen Capital Position by Raising $100 Million

    TROY, Mich., May 16 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. , announced today that it entered into definitive agreements to raise an aggregate $100 million through direct sale of equity securities to seven institutional investors, to Thomas J. Hammond, Chairman of the Company and to Mark T. Hammond, Vice Chairman,...

    Articles 2008-05-16

  • Flagstar to Audiocast Annual Meeting of Shareholders

    TROY, Mich., May 13 /PRNewswire-FirstCall/ -- Flagstar Bancorp today announced plans to audiocast its 2008 annual meeting of shareholders. The annual meeting will be held at 1:00 p.m. ET on Friday, May 23, 2008, at the Company's National Headquarters located at 5151 Corporate Drive, Troy, Michigan. ...

    Articles 2008-05-13

  • Flagstar Bank Opens First In-Store Banking Center in Georgia

    ATLANTA, March 5 /PRNewswire-FirstCall/ -- Flagstar Bank today opened its first banking center in a Wal-Mart store in Georgia. The new in-store branch is located in the Wal-Mart at 5455 Atlanta Highway in Alpharetta. Flagstar has more than 40 in-store branches in Michigan and Indiana, its two other banking...

    Articles 2008-03-05

  • Flagstar Bancorp Appoints William F. Pickard to Board of Company and Bank

    TROY, Mich., Feb. 29 /PRNewswire-FirstCall/ -- Flagstar Bancorp announced today that the boards of directors of the company and Flagstar Bank, its wholly owned subsidiary, each appointed William F. Pickard as an independent member of the boards of directors of the company and the bank. (Photo:...

    Articles 2008-02-29

  • Progressive Following on Flagstar Bancorp Inc.

    M2 PRESSWIRE-26 February 2008-The Street Corner: Progressive Following on Flagstar Bancorp IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:26022008 Streetinvesting.com has now resumed our progressive review of Flagstar Bancorp Inc (NYSE:FBC) after it traded down 1% Monday, later in the afternoon, with...

    Articles 2008-02-26

  • Flagstar Bank Opens New Banking Center in Pontiac, Mich

    TROY, Mich., Feb. 25 /PRNewswire-FirstCall/ -- Flagstar Bank today opened a new banking center at 983 Orchard Lake Road in Pontiac, Mich. Hours at the banking center are 8:30 a.m. to 5:30 p.m. Monday through Friday and 8:30 a.m. to noon Saturday. The drive-up is open 7:30 a.m. to...

    Articles 2008-02-25

  • (FBC) SqueezeTrigger Price is $14.215. There is $149,674,238.00 That Short Sellers Still Need To Cover.

    M2 PRESSWIRE-21 February 2008-BUYINS.NET: FBC SqueezeTrigger Price is $14.215. There is $149,674,238.00 That Short Sellers Still Need To CoverC1994-2008 M2 COMMUNICATIONS LTD RDATE:21022008 BUYINS.NET / www.squeezetrigger.com is monitoring FLAGSTAR BANCORP (NYSE:FBC) in real time and just received an alert...

    Articles 2008-02-21

  • Flagstar Announces Suspension of Dividend

    TROY, Mich., Feb. 19 /PRNewswire-FirstCall/ -- The Board of Directors of Flagstar Bancorp, Inc. announced that it will suspend payment of a dividend to shareholders for the first quarter 2008. "Although we are seeing strong loan production, increasing gain on sale margins and improved net interest...

    Articles 2008-02-19

  • MOODY'S DOWNGRADES FLAGSTAR BANK TO BAA3; OUTLOOK IS NEGATIVE

    Moody's Investors Service downgraded theratings of Flagstar Bank,FSB. The thrift's long-term deposits were lowered to Baa3 from Baa2,short-term deposits were lowered to Prime-3 from Prime-2, and thebank financial strength rating was lowered to D+ from C-. Followingthe rating action, the outlook on Flagstar isnegative. Flagstar isthe primary operating subsidiary of...

    Articles 2008-01-31

  • USA: MOODY'S DOWNGRADES FLAGSTAR BANK TO BAA3; OUTLOOK IS NEGATIVE.

    Moody's Investors Service downgraded the ratings of Flagstar Bank, FSB. The thrift's long-term deposits were lowered to Baa3 from Baa2, short-term deposits were lowered to Prime-3 from Prime-2, and the bank financial strength rating was lowered to D+ from C-. Following the rating...

    Articles 2008-01-31

  • Flagstar Bank Launches DocVelocity to Help Mortgage Brokers and Correspondents Go Paperless

    To: ENVIRONMENTAL EDITORS Contact: Susan Cherry of Flagstar Bancorp, Inc., +1-248-312-6137 TROY, Mich., Jan. 8 /PRNewswire-FirstCall/ -- Flagstar Bancorp,Inc., (NYSE: FBC), today announced the launch of DocVelocity, anonline end-to-end paperless office solution for mortgageoriginators. DocVelocity is the flagship product of Paperless OfficeSolutions, Inc., a wholly owned subsidiary of Flagstar...

    Articles 2008-01-08

  • SearchMyLoan.com Announces Alliance With Flagstar Bank

    Bank's Lending Products Now Available Through SML Loan Search Services PORT WASHINGTON, N.Y. -- SearchMyLoan.com SML, a provider of loan search and pricing services for the mortgage industry, announced an agreement with Troy, Mich.-based Flagstar Bank, a national mortgage wholesale lender, to provide an exchange...

    Articles 2007-10-09

  • USA: MOODY'S CHANGES FLAGSTAR'S OUTLOOK TO NEGATIVE (BAA2 DEPOSITS).

    Moody's Investors Service changed the rating outlook on Flagstar Bank, FSB to negative from stable. The thrift is rated Baa2 for long-term deposits. Flagstar is the primary operating subsidiary of Troy, Michigan-based Flagstar Bancorp, Inc., which is unrated. The outlook...

    Articles 2007-09-26

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  • CEO: Mr. Mark T. Hammond
  • Employees: 3,960

Flagstar Bancorp is a savings and loan holding company for Flagstar Bank, a federally chartered stock savings bank with $15.79 billion in assets at Dec 31 2007. Through its subsidiaries, Co. operates two operating segments: banking, which includes a variety of consumer and commercial financial products and services to individuals and to small and middle market businesses through banking centers in Michigan, Indiana, and Georgia; and home lending, which originates, acquires, sells and services mortgage loans on one-to-four family residences. As of Dec 31 2007, Co. operated 164 banking centers in Michigan, Indiana and Georgia and 143 home loan centers in 27 states.

Key Competitors

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Flagstar Bancorp Inc. Company Info

Board of Directors

Mr. Thomas J. Hammond

Chairman

Dr. James D. Coleman

Mr. Richard S. Elsea

Mr. B. Brian Tauber

Mr. Jay J. Hansen

Mr. Mark T. Hammond

Vice-Chairman

Mr. Robert O. Rondeau Jr.

Mrs. Kirstin A. Hammond

Mr. Charles Bazzy

Mr. Michael Lucci Sr.

Mr. Robert W. Dewitt

Mr. Frank D'Angelo

Dr. William F. Pickard Ph.D.

Contact Information

5151 Corporate Drive

Troy, MI

http://www.flagstar.com

248 312-2000

NAICS Code

Savings Institutions: 522120
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