|Flagstar Reports First Quarter 2016 Net Income of $39 million, or $0.54 per Diluted Share, 04/26/16|
|Company posts fifth consecutive quarter of strong, consistent earnings
Key Highlights - First Quarter 2016
Net income increased $6 million, or $0.10 per diluted share, from fourth quarter 2015.
Net interest income rose 4 percent from last quarter, driven by 6 percent increase in average earning assets; average loans held-for-sale rose 17 percent on strong business activity.
Fallout-adjusted locks increased 37 percent to $6.9 billion on higher refinance activi... More >>|
|Flagstar Bank Receives Fannie Mae's 2015 STAR Performer Award, 04/25/16|
|Recognized for Performance in General Servicing
TROY, Mich., April 25, 2016 /PRNewswire/ -- Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer for 2015 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellenc... More >>|
|Flagstar Earns Investment-Grade Ratings and Stable Outlook From Kroll Bond Rating Agency, 04/18/16|
|TROY, Mich., April 18, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced that it has earned investment-grade ratings with a stable outlook from the Kroll Bond Rating Agency ("KBRA"). KBRA assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Flagstar Bancorp, Inc. Flagstar Bank, FSB was assigned a deposit rating of BBB+, a senior unsecure... More >>|