Flagstar Bank has grown from $8 billion in assets in 2014 to $26.8 billion today. Headquartered in Troy, Michigan, we are a full-service bank with over 4,000 employees and 160 branches across the United States. Chartered in 1987 as a federal savings bank, Flagstar has a unique business model and is the largest savings bank headquartered in Michigan, is the fifth largest bank mortgage originator nationally, and the third largest savings bank in the country. We offer a wide range of products and services for individuals and businesses. From consumer loans and credit cards, to cash management and merchant services, we bring the full resources of a commercial bank to our customers.
Our mortgage division operates nationally through 88 retail locations and a wholesale network of approximately 2,350 third-party mortgage originators. We are also a leading servicer and subservicer of mortgage loans—handling recordkeeping for $225 billion in home loans.