Flagstar CEO: We’re not ‘just a mortgage company’

Choice Act would grant QM status to portfolio mortgages

Flagstar Bancorp, Inc. (NYSE:FBC) Q1 2019 Earnings Conference Call April 23, 2019 11:00 AM ET Company Participants Ken Schellenberg – Vice President, Investor Relations Sandro DiNello – President.

Community matters to Flagstar, as it always has to Desert Community Bank. That’s why we have every intention of not just maintaining Desert Community’s legacy of community investment, but expanding it." About Flagstar. Flagstar Bancorp, Inc. (NYSE: FBC) is a $16.9 billion savings and loan holding company headquartered in Troy, Mich.

DiNello, Flagstar’s CEO, believes the relationships customers have formed with bank employees will play a significant factor in helping the bank hold onto accounts.. "We’re not going to hide.

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TROY, Mich., April 30, 2019 /PRNewswire/ — Flagstar Bank has hired Jason Lee, a seasoned mortgage professional who has held key roles with some of the nation’s largest and most successful.

About Flagstar bank: flagstar bancorp, Inc. (NYSE: FBC) is a $16.0 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 99 branches in the state. It also provides home loans through a wholesale network of brokers and correspondents in.

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"Make no mistake; we are a midsized bank, operating on a national basis with an incredibly strong mortgage business," President and CEO Alessandro DiNello said during a conference call to discuss the Troy, Mich.-based bank’s results. But its first-quarter results are proof that Flagstar is no longer "just a mortgage company," he added.

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Image source: The Motley Fool. Flagstar Bancorp Inc (NYSE: FBC) Q4 2018 Earnings Conference Call Jan. 22, 2019, 11:00 a.m. ET Operator Good day, and welcome to the Flagstar Bank Fourth Quarter.

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