Flagstar Earns Investment-Grade Ratings and Stable Outlook from Egan-Jones Ratings Company

TROY, Mich., May 24, 2016 /PRNewswire/ -- Flagstar Bancorp, Inc. FBC today announced that it has earned investment-grade ratings from the Egan-Jones Ratings Company ("EJR"). EJR assigned a long-term corporate issuer rating of A with a stable outlook and a short-term commercial paper rating of A1 to Flagstar Bancorp, Inc.

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 a leading national originator and servicer of mortgage loans, handling payments and record keeping for nearly $70 billion of home loans for over 340,000 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.