Flagstar Bancorp, Inc.is a bank holding company, which engages in the provision of financial services. The company is headquartered in Troy, Michigan and currently employs 4,911 full-time employees. The firm's business is primarily conducted through its subsidiary, Flagstar Bank, FSB (the Bank). The Bank provides commercial and consumer banking services. The company operates through three segments: Community Banking, Mortgage Originations and Mortgage Servicing. The Community Banking segment originates loans, provides deposits and fee-based services to consumer, business, and mortgage lending customers through its branch banking, business banking and commercial banking, government banking and warehouse lending. The Mortgage Originations segment originates and acquires one-to-four family residential mortgage loans to sell or hold. The Mortgage Servicing segment services and subservices mortgage and other consumer loans for others on a fee for service basis. The Mortgage Servicing segment also services loans for its loans held-for-investment (LHFI) portfolio and its own LHFS portfolio in the Mortgage Originations segment.
Industry: Savings Institution, Federally Chartered Peers: Axos Financial Inc Capitol Federal Financial Inc Columbia Financial Inc Federal Agricultural Mortgage Corp Maverick Merger Sub 2, LLC PennyMac Financial Services Inc NMI Holdings Inc Provident Financial Services Inc Rocket Companies Inc Walker & Dunlop Inc
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