Company Overview of Flagstar Bank, FSB
Flagstar Bank, FSB provides commercial, small business, and consumer banking services in Michigan. The company offers checking accounts, savings accounts, money market accounts, certificates of deposit, and online and mobile banking services; and fixed mortgages, VA mortgages, home loans, refinance, home equity lines of credit, and credit cards. It also provides traditional IRAs, Roth IRAs, educational accounts, health savings accounts, and financial planning libraries; and personal loans, including auto, boat, motorcycle, RV, and snowmobile loans. In addition, it offers home loans through a wholesale network of brokers and correspondents, and retail centers. Further, the company provides co...
5151 Corporate Drive
Troy, MI 48098
Founded in 1987
Key Executives for Flagstar Bank, FSB
Chief Executive Officer, President, Director, Chief Executive Officer of Flagstar Bancorp, Inc and Director of Flagstar Bancorp, Inc
Chief Financial Officer and Executive Vice President
Executive Vice President and Community Banking President
President of Mortgage Banking Division
Compensation as of Fiscal Year 2015.
Flagstar Bank, FSB Key Developments
Flagstar Bank Hires Leonard Israel as President for Mortgage Operations
Jun 23 15
Flagstar Bank has announced that it has hired a president for its mortgage operations. Leonard Israel has been hired to the position and he will report to Flagstar Bank president and CEO, Alessandro DiNello. He will be responsible for all aspects of the bank's mortgage originations business. He has close to 30 years of experience in the mortgage industry.
Flagstar Bancorp Inc. and Flagstar Bank, FSB Announce the Resignation of Michael C. Flynn as Executive Vice President and Chief Legal Officer, Effective June 30, 2015
Jun 22 15
On June 18, 2015, Michael C. Flynn announced his intention to resign as Executive Vice P resident and Chief Legal Officer of Flagstar Bancorp Inc. and its wholly-owned subsidiary, Flagstar Bank, FSB, effective June 30, 2015.
Flagstar Bank Announces Settlement with Consumer Financial Protection Bureau
Sep 29 14
Flagstar Bank, FSB announced that it has entered into a settlement agreement with the Consumer Financial Protection Bureau (CFPB). The settlement relates to alleged violations of federal consumer financial laws arising from the Bank's loss mitigation practices and default servicing operations dating back to 2011. Under the terms of the settlement agreement, the Bank will pay $27.5 million to the CFPB for borrower remediation, and $10 million in civil monetary penalties. The settlement does not involve any admission of wrongdoing on the part of the Company or its employees, directors, officers or agents.
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