On January 21, 2015, the board of directors of Flagstar Bancorp Inc. appointed Bryan Marx, as its principal accounting officer. The duties of the principal accounting officer were previously performed by James K. Ciroli, Executive Vice President and Chief Financial Officer of the company. In this role, Mr. Marx will continue to report to Mr. Ciroli.

Mr. Marx joined the company and Flagstar Bank, FSB, as a Senior Vice President in the Accounting Group in October, 2013. Prior to joining the company, Mr. Marx worked in public accounting for fifteen years, most recently as a senior manager with PricewaterhouseCoopers LLP in the firm's Banking and Capital Markets practice group.