Flagstar Earns Investment-Grade Ratings and Stable Outlook From Kroll Bond Rating Agency

TROY, Mich., April 18, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. FBC, the holding company for Flagstar Bank, FSB, today announced that it has earned investment-grade ratings with a stable outlook from the Kroll Bond Rating Agency ("KBRA"). KBRA assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Flagstar Bancorp, Inc. Flagstar Bank, FSB was assigned a deposit rating of BBB+, a senior unsecured debt rating of BBB+, and short-term debt and deposit ratings of K2. The outlook on all long-term ratings is stable.

About Flagstar  

Flagstar Bancorp, Inc. FBC is a $13.7 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, the largest bank headquartered in Michigan, 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 all 50 states, as well as through 26 retail locations in 19 states. Flagstar is the 10th largest national originator of mortgage loans and a top 20 mortgage servicer, handling payments and record keeping for over $72.5 billion home loans for over 360,000 borrowers. For more information, please visit flagstar.com.

For more information contact:

David L. Urban
(248) 312-5970

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SOURCE Flagstar Bancorp, Inc.