Inactive Instrument

Flagstar Bancorp Inc Nyse

Equities

US3379305077

End-of-day quote Nyse Other stock markets
- ^USD	-

2022	New York Community Bancorp Closes Flagstar Bancorp Buyout; Chief Operating Officer Robert Wann Retires	MT
2022	Flagstar Bancorp, Inc. Announces Resignation of Alessandro P. Dinello as Chief Executive Officer	CI

FLAGSTAR BANCORP : Flagstar Reports Completion of $523 Million Investment by U.S. Treasury's TARP Capital Purchase Program, MP Thrift Investments L.P., and Management

January 31, 2009 at 04:54 am IST

MarketScreener.com By

TROY, Mich., Jan. 30 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank FSB, today reported the completion of an investment totaling $523 million from three sources pursuant to previously announced transactions: $266.6 million from the U.S. Treasury's TARP Capital Purchase Program, $250 million from MP Thrift Investments L.P. ("MatlinPatterson"), an entity formed by MP (Thrift) Global Partners III LLC, an affiliate of MatlinPatterson Global Advisers LLC, and $5.32 million from management.

About Flagstar Bancorp, Inc.

Flagstar Bancorp, with $14.2 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest. At December 31, 2008, Flagstar operated 175 banking centers in Michigan, Indiana and Georgia and 104 home loan centers in 21 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans.

About MatlinPatterson Global Advisers LLC

MatlinPatterson Global Advisers LLC is a $9 billion private equity franchise specializing in distressed control investments on a global basis. Over a 14-year period, the firm and its investment professionals have successfully made substantial investments in more than 65 companies across a broad range of industries. MatlinPatterson has a strong record of working with management teams to further their strategic plans.

SOURCE Flagstar Bancorp, Inc.

Latest news about Flagstar Bancorp Inc

New York Community Bancorp Closes Flagstar Bancorp Buyout; Chief Operating Officer Robert Wann Retires	01/22/01	MT
Flagstar Bancorp, Inc. Announces Resignation of Alessandro P. Dinello as Chief Executive Officer	01/22/01	CI
Flagstar Bancorp, Inc. Announces Resignation of James K. Ciroli as Chief Financial Officer	01/22/01	CI
Flagstar Bancorp, Inc. Announces Management Resignations	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Banks Select Industry Index	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Global BMI Index	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P 1000	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P TMI Index	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P 600	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P Composite 1500	01/22/01	CI
Flagstar Bancorp, Inc.(NYSE:FBC) dropped from S&P 600 Financials	01/22/01	CI
New York Community Bancorp, Inc. completed the acquisition of Flagstar Bancorp, Inc..	01/22/01	CI
Nexstar Media, PBF Energy Added to S&P MidCap 400; Sabre, Nu Skin Enterprises Join S&P SmallCap 600	29/22/29	MT
Correction to S&P MidCap 400, SmallCap 600 Article	29/22/29	DJ
Nexstar Media, PBF Energy to Join S&P MidCap 400; Sabre, Nu Skin to Join S&P SmallCap 600	29/22/29	DJ
New York Community Bancorp Gets Final Regulatory Approval for Acquisition of Flagstar Bancorp	07/22/07	MT
Sector Update: Financial Stocks Finishing Strong Session Near Intra-Day Highs	29/22/29	MT
Sector Update: Financial Stocks Gaining Friday Afternoon	28/22/28	MT
Sector Update: Financial	28/22/28	MT
New York Community Bancorp, Flagstar Bancorp Receive Merger Approval From Office of the Comptroller of the Currency	28/22/28	MT
Flagstar Bancorp Sets Special Dividend of $2.50, Payable Nov. 17 to Shareholders as of Nov. 7	28/22/28	MT
Flagstar Bancorp, Inc. Declares Special Dividend on Its Common Stock, Payable on November 17, 2022	28/22/28	CI
Flagstar Bancorp Q3 Adjusted Profit Rises, Revenue Drops	26/22/26	MT
Earnings Flash (FBC) FLAGSTAR BANCORP Reports Q3 EPS $1.41	26/22/26	MT
Flagstar Bancorp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	26/22/26	CI

Chart Flagstar Bancorp Inc

Duration

Period

More charts

Company Profile

Flagstar Bancorp, Inc. is a savings and loan holding company. The Company's business is primarily conducted through its subsidiary, Flagstar Bank, FSB (the Bank). The Bank provides commercial and consumer banking services. It operates through three segments: Community Banking, Mortgage Originations and Mortgage Servicing. 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. The Mortgage Servicing segment services and subservices mortgage and other consumer loans for others on a fee for service basis. The Mortgage Servicing segment also services loans for its loans held-for-investment (LHFI) portfolio and its own LHFS portfolio in the Mortgage Originations segment.

Sector

More about the company