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While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.September 24
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The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.January 22
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Branch acquisitions, once a popular way to scale up in new markets, have started to go by the wayside in the digital age.December 16
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The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.November 21
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The Atlanta-based consumer lender, which partners with both retailers and banks, cited a higher-than-expected cost of funds as one reason for its less rosy forecast.November 6
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Despite an overall weak mortgage originations market, Flagstar Bancorp's third-quarter earnings grew 20%, due in large part to its ongoing efforts to diversify operations.October 23
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A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.September 24
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The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.August 21
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The Michigan company had been operating under the supervisory agreement since 2010.August 17
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In recent weeks, several banks and fintechs have added new branches or new units, and in the process brought aboard new leadership. Here's a roundup of key hires.August 8
