Flagstar States That Its Policy is Not to Comment on Unusual Market Activity

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Dec 15, 2010, 03:59 ET

TROY, Mich., Dec. 15, 2010 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company") today announced that in light of the unusual market activity in its common and preferred stock this afternoon, the NYSE has contacted the Company in accordance with its usual practice, and the Company has stated that its policy is not to comment on unusual market activity.

Flagstar Bancorp, with $13.8 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest. At September 30, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 27 home loan centers in 13 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans.

www.flagstar.com

SOURCE Flagstar Bancorp, Inc.