| Flagstar Announces the Resignation of Lesley Goldwasser From Its Board of Directors , 08/19/10 | | TROY, Mich., Aug 19, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank FSB (the "Bank"), today announced that Lesley Goldwasser has resigned from her position on the Board of Directors (the "Board") of the Company and from the position of Lead Independent Director of the Board.
Ms. Goldwasser officially tendered her resignation, effective August 17, 2010, after accepting an executive position with Credit Suisse to run it... More >> |  | | Flagstar Reports 2010 Second Quarter Results , 07/27/10 | | TROY, Mich., July 27, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank FSB, today reported a second quarter 2010 net loss applicable to common stockholders of $(97.0) million, or $(0.63) per share (diluted) based on average shares outstanding of 153,298,000, as compared to a net loss of $(81.9) million, or $(1.05) per share (diluted) based on average shares outstanding of 77,699,000 for the first quarter 2010.
"Despite ... More >> | | | Flagstar Bancorp Announces Quarterly Conference Call , 07/13/10 | | TROY, Mich., July 13, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its second quarter 2010 Analyst / Investor Conference Call. The purpose of the call is to discuss the Company's second quarter 2010 earnings that will be released after the close of business on July 27, 2010. Representing the Company on the call will be Joseph P. Campanelli, Chairman and CEO, and Paul D. Borja, CFO.
The conference call will take place on Wednesday, July ... More >> | | | Flagstar Bancorp Successfully Regains Compliance with NYSE Minimum Share Price Listing Requirement , 07/12/10 | | TROY, Mich., July 12, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) announced today that, based on notice received from the New York Stock Exchange (the "NYSE"), Flagstar was once again in compliance with the NYSE's continued listing requirement of a minimum average closing price of $1.00 per share over a consecutive 30-trading-day period. As a result, the ".BC" indicator following Flagstar's stock symbol will be removed by the NYSE.
Flagstar Bancorp, with $14.3 billion... More >> | | | J.D. Power and Associates Present Top Customer Satisfaction Award to Flagstar Bank , 06/29/10 | | Flagstar Honors Employees for Outstanding Customer Service
TROY, Mich., June 29, 2010 /PRNewswire via COMTEX/ --
Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, was recognized today for achieving the highest ranking in the 2010 J.D. Power and Associates Retail Banking Satisfaction Study(SM) . Flagstar topped the North Central Region which includes Michigan, Indiana, Ohio, Kentucky and West Virginia. In a ceremony at Flagstar headquarters, the company also honore... More >> | | | Flagstar Bancorp One-for-Ten Reverse Stock Split Effective Today , 05/27/10 | | TROY, Mich., May 27, 2010 /PRNewswire via COMTEX/ --Effective at 4:15 p.m. EDT today, shares of common stock of Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, will be subject to a reverse split on a one-for-ten basis. The board of directors of Flagstar authorized the reverse stock split at a meeting immediately following Flagstar's annual meeting today at which the reverse stock split was approved by stockholders. Flagstar shares are expected to trade on a post-... More >> | | | Flagstar to Audiocast Annual Meeting of Stockholders , 05/20/10 | | TROY, Mich., May 20, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp (NYSE: FBC) today announced plans to audiocast its 2010 Annual Meeting of Stockholders. The annual meeting will be held at 10:00 a.m. ET on Thursday, May 27, 2010, at the Company's National Headquarters located at 5151 Corporate Drive, Troy, Michigan, 48098.
The call will be available as a live audiocast in the Investor Relations section of www.flagstar.com. It will also be archived on that site and will be available for r... More >> | | | Flagstar Reports 2010 First Quarter Results , 04/28/10 | | TROY, Mich., April 28, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, today reported a first quarter 2010 net loss applicable to common stockholders of $81.9 million, or $(0.11) per share (diluted) based on average shares outstanding of 777.0 million, as compared to a net loss of $71.6 million, or $(0.15) per share (diluted) based on average shares outstanding of 317.7 million in the fourth quarter 2009. As of March 31, 2010 there ... More >> | | | Flagstar Tops the North Central Region in J.D. Power and Associates Study , 04/26/10 | | TROY, Mich., April 26, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, today announced that it ranked the highest in customer satisfaction for the North Central Region in the 2010 J.D. Power and Associates Retail Banking Satisfaction Study(SM). Flagstar ranked the highest from the banks included in the study in the North Central region that consists of Michigan, Indiana, Ohio, Kentucky and West Virginia.
The study analyzes customer ... More >> | | | Flagstar Bank to Offer Job Loss Protection On Low Down Payment Mortgages , 04/07/10 | | TROY, Mich., April 7, 2010 /PRNewswire via COMTEX/ --Flagstar Bank today announced a new low down payment mortgage benefit designed to cover a homebuyer's mortgage payments if he or she becomes involuntarily unemployed.
Called Job Loss Protection, the benefit is available at no charge on new loans with mortgage insurance provided by Genworth Financial. Mortgage insurance is required on loans with down payments of less than 20%.
"We're happy to work with Genworth to offer this enhancement to ... More >> | | | Flagstar Bancorp Announces Quarterly Conference Call , 04/01/10 | | TROY, Mich., April 1, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) today released instructions for its first quarter 2010 Analyst / Investor Conference Call. The purpose of the call is to discuss the Company's first quarter 2010 earnings that will be released after the close of business on April 27, 2010. Representing the Company on the call will be Joseph P. Campanelli, Chairman and CEO, and Paul D. Borja, CFO.
The conference call will take place on Wednesday, April 28, 2... More >> | | | Flagstar Bancorp, Inc. Closes Common Stock Offering , 03/31/10 | | TROY, Mich., March 31, 2010 /PRNewswire via COMTEX/ --Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank, FSB, announced today that it has completed its previously announced registered offering of 575 million shares of common stock, which includes 75 million shares issued pursuant to the underwriters' over-allotment option, which was exercised in full on March 29, 2010. The offering resulted in aggregate net proceeds of approximately $276.1 million, after ... More >> | | | Flagstar Bancorp, Inc. Announces Pricing of Common Stock Offering , 03/26/10 | | TROY, Mich., March 26, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), announced today that it has priced a public offering of 500 million shares of common stock to the public at $0.50 per share for total gross proceeds of approximately $250.0 million. The Company expects to close the sale of the shares of common stock on March 31, 2010, subject to customary closing conditions. The underwriters will have... More >> | | | Flagstar Bancorp, Inc. Announces Plans for Common Stock Offering , 03/15/10 | | TROY, Mich., March 15, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar" or the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today announced its intention to commence a public offering of approximately $250 million of its common stock, which will be underwritten by Sandler O'Neill & Partners, L.P., as book-running manager, and Keefe, Bruyette & Woods, Inc., as co-manager. The underwriters will have a 30-day option to purchase up to 15... More >> | | | Flagstar Bancorp Announces Expiration of Rights Offering , 02/08/10 | | TROY, Mich., Feb 08, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc., (NYSE: FBC) (the "Company") , the holding company of Flagstar Bank, announced today that the subscription period of its previously announced rights offering expired at 5:00 p.m., New York City time, on February 8, 2010. In the aggregate, the Company will receive approximately $300.6 million of proceeds in connection with the exercise of subscription rights by its stockholders and will be issuing an aggregate of approxim... More >> | | | Flagstar Reports 2009 Financial Results , 02/01/10 | | TROY, Mich., Feb 01, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, today reported its fourth quarter and annual results for 2009.
Flagstar reported a 2009 fourth quarter net loss of $71.6 million, or $(0.15) per share (diluted) as compared to a third quarter 2009 net loss of $298.2 million, or $(0.64) per share (diluted) and a fourth quarter 2008 net loss of $218.5 million, or $(2.62) per share (diluted). For the year ended Decem... More >> | | | Flagstar Bancorp Announces $300 Million in New Capital , 01/27/10 | | TROY, Mich., Jan 27, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc., (NYSE: FBC) (the "Company") , the holding company of Flagstar Bank (the "Bank"), announced that the Company has raised $300 million of capital today through a previously announced rights offering, which closes on February 8, 2010.
In addition, the Company announced that Todd McGowan has joined as Chief Risk Officer and James A. Ovenden has been elected to the board of directors and appointed to its audit committee. Th... More >> | | | Flagstar Bancorp, Inc. Announces Quarterly Conference Call; Extension of Rights Offering , 01/12/10 | | TROY, Mich., Jan 12, 2010 /PRNewswire via COMTEX/ -- Flagstar Bancorp, Inc. (NYSE: FBC) ("Flagstar" or the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today released instructions for its fourth quarter 2009 Analyst/Investor Conference Call, during which Joseph P. Campanelli, Chairman, President and CEO, and Paul D. Borja, CFO, will discuss the Company's fourth quarter 2009 earnings that will be released after the close of business on February 1, 2010. In order to provi... More >> | |
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