Flagstar Bancorp, Inc.
Flagstar Bancorp is the holding company for Flagstar Bank, which operates around 110 branches (including 10 in retail stores) mostly in Michigan. Beyond offering traditional deposit and loan products, Michigan's largest bank specializes in originating, purchasing, and servicing one-to-four family residential mortgage loans across all 50 states through a network of brokers and correspondents. Around 70% of the Flagstar's revenue is linked to mortgage origination and servicing, while another 25% comes from its community banking business. Boasting $14 billion in assets, Flagstar is one of the nation's 10 largest savings banks.
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