"We've been a warehouse lender for over 20 years and are excited about the opportunity to strengthen and diversify our mortgage warehouse business. It also allows us to leverage our experience and bring our quality service to more customers in the mortgage marketplace. For our new customers, it means more product choices, including eNotes." The acquisition is expected to close in the first quarter of 2018. About Flagstar Flagstar Bancorp, Inc. (NYSE: FBC ) is a $16.9 billion savings and loan holding company headquartered in Troy, Mich. Its wholly owned subsidiary Flagstar Bank, FSB, 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 89 retail locations in 29 states, representing the combined retail branches of Flagstar Bank and its Opes Advisors mortgage division.