Flagstar Bancorp, Inc. Overview
Pro stress-test →Flagstar Bancorp operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to consumer, commercial, and government customers in the United States. The company operates through three segments: Community Banking, Mortgage Originations and Mortgage Servicing.
Strategic Profile
Pro stress-test →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, while the Mortgage Servicing segment services and subservices mortgage and other consumer loans for others on a fee for service basis.
Competitive Landscape
Pro stress-test →Flagstar competes in the regional banking sector against larger regional players and community banks, as well as in mortgage origination and servicing against national mortgage lenders and servicers. Key competitors include Wells Fargo, Bank of America mortgage divisions, and independent mortgage servicers.
Industry Context
Flagstar Bancorp, Inc. operates in Regional Banking & Mortgage Services.
Key facts
Founded: 1987 · Headquarters: Troy, Michigan · Employees: N/A · Revenue: N/A · Market cap: $2.0B