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Thursday, January 8, 2009, 6:22PM ET - U.S. Markets Closed. Dow Down 0.31% Nasdaq Up 1.12%
Flagstar Bancorp Inc. (FBC)At 4:03PM ET: 0.91  Up 0.02 (2.25%)  
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Flagstar Bancorp Inc.
5151 Corporate Drive
Troy, MI 48098
United States - Map
Phone: 248-312-2000
Fax: 248-338-7704
Web Site: http://www.flagstar.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Savings & Loans
Full Time Employees:4,027

BUSINESS SUMMARY 
Flagstar Bancorp, Inc. operates as the savings and loan holding company for Flagstar Bank, FSB that provides consumer and commercial financial products and services to individuals, and small and middle market businesses in Michigan, Indiana, and Georgia. The company engages in generating deposits and originating loans. Its deposit products include demand deposits, savings and money market accounts, checking deposits, certificates of deposits, municipal deposits, and national deposits. The company’s loan portfolio comprises single-family mortgage loans, home equity lines-of-credit, consumer loans, commercial real estate loans, non-real estate commercial loans, and residential mortgage loans for others. The company, through its other subsidiaries, acts as an agent for life insurance, and health and casualty insurance companies; and provides on-line paperless office solutions for mortgage originators. It also engages in holding investment loans, purchasing securities, selling and securitizing mortgage loans, maintaining and selling mortgage servicing rights, developing new loan products, establishing pricing for mortgage loans to be acquired, providing for lock-in support, and managing interest rate risk associated with these activities. As of December 31, 2007, the company operated a network of 164 banking centers. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Flagstar Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Jan-09 is better than 49.6% of S&P 600 companies and 83.7% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Mark T. Hammond , 43
    Vice Chairman, Chief Exec. Officer, Pres, Vice Chairman of Flagstar Bank, FSB, Chief Exec. Officer of Flagstar Bank, FSB and Pres of Flagstar Bank, FSB
    $ 2.43M $ 0
    Mr. Paul D. Borja , 48
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Chief Financial Officer of Flagstar Bank, Exec. VP of Flagstar Bank and Treasurer of Flagstar Bank
    $ 594.00K $ 0
    Ms. Kirstin A. Hammond , 43
    Chief Investment Officer, Exec. Director, Chief Investment Officer of Flagstar Bank, FSB and Exec. Director of Flagstar Bank, FSB
    $ 503.00K $ 0
    Mr. Robert O. Rondeau Jr., 43
    Exec. Director of Flagstar Bank, FSB
    $ 472.00K $ 0
    Mrs. Joan H. Anderson , 58
    Exec. VP and Exec. VP of Flagstar Bank, fsb
    N/A N/A
    Dollar amounts are as of 31-Dec-07 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.
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