Flagstar to Audiocast Annual Meeting of Stockholders

TROY, Mich., May 20 /PRNewswire-FirstCall/ -- Flagstar Bancorp (NYSE: FBC) today announced plans to audiocast its 2010 Annual Meeting of Stockholders.  The annual meeting will be held at 10:00 a.m. ET on Thursday, May 27, 2010, at the Company's National Headquarters located at 5151 Corporate Drive, Troy, Michigan, 48098.

The call will be available as a live audiocast in the Investor Relations section of www.flagstar.com.  It will also be archived on that site and will be available for replay and download.  A slide presentation to accompany the annual meeting will also be posted on that site.

You can also listen to the meeting by calling (866) 294-1212 toll free or (702) 696-4911 and using passcode: 76750536.  To use this option, please call at least 10 minutes before the call is scheduled to begin.  A replay will be available for five days by calling (800) 642-1687 toll free or (706) 645-9291 using passcode: 76750536.  

Any questions concerning the call should be directed to Paul D. Borja, Executive Vice President & CFO, or Bradley Howes, Investor Relations Officer, at (248) 312-2000.

Flagstar Bancorp, Inc., with $14.3 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest.  At March 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 23 home loan centers in 14 states.  Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. For more information, please visit http://www.flagstar.com.

SOURCE Flagstar Bancorp