Flagstar Bancorp

  www.flagstar.com
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127 Employee Reviews (View Most Recent)

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Poor Compensation Plan

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Loan Officer
Former Employee - Senior Loan Officer

Pros

Make your own hours (sort of)
Great benefits

Cons

Poor compensation plan
Inept management and the company is overwrought with cronyism
Publicly traded company that is essentially worthless

Advice to ManagementAdvice

Raise the comp plan for retail LO's or more and more will be leaving and heading to local mortgage banks (not FDIC banks).

Doesn't Recommend
Disapproves of CEO

Other reviews for Flagstar Bancorp

  1.  

    Great company with lots of training available.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very high tech and cutting edge.

    Cons

    Sometimes a little too much technology.

    Recommends
    Approves of CEO
  2.  

    I liked it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Collector
    Current Employee - Collector

    Pros

    Good work environment and nice co-workers.

    Cons

    Pay is way too low.

    Advice to ManagementAdvice

    Promote wisely.

    Recommends
    Approves of CEO
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