Flagstar Bank Michigan Center Banking Information and Customer Insights

Flagstar Bank Michigan Center offers a variety of banking services to its customers.

Flagstar Bank Michigan Center has a physical location at 3500 Washtenaw Ave, Ann Arbor, MI 48104.

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Flagstar Bank is a well-established national bank with a strong presence in Michigan. Flagstar Bank is a national bank.

Flagstar Bank is insured by the FDIC, which means your deposits are protected up to $250,000. Certificate #32541 is your proof of FDIC insurance.

You can access your Flagstar Bank account online at flagstar.com. Online banking makes it easy to manage your finances from anywhere.

Flagstar Bank has a large network of branches, with 419 offices spread across 12 states. This means you're likely to find a branch near you.

Here's a summary of Flagstar Bank's key information:

Customer Feedback is crucial for any bank, and Flagstar Bank is no exception. Flagstar Bank Flagstar Centre branch has been rated 1.0 out of 5 stars by customers.

Only one vote has been cast, indicating a lack of customer feedback on this specific branch. A total of 1 votes cast and no one has reviewed the branch yet.

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Flagstar Bank Michigan Center is a significant development in the region.

The project is a mixed-use facility that combines office, retail, and entertainment spaces, offering a unique experience for visitors and users.

Located in the heart of Michigan Center, the bank's headquarters is a prominent landmark.

Flagstar Bank has a long history in the area, dating back to its founding in 1987.

The bank's commitment to community development is evident in its involvement in various local initiatives.

Flagstar Bank Michigan Center is a testament to the bank's dedication to providing top-notch financial services and contributing to the growth of the community.

The facility's design and architecture are inspired by the region's natural surroundings, creating a harmonious blend of form and function.

By investing in the Michigan Center community, Flagstar Bank is helping to boost local economic development and improve the quality of life for residents.

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Flagstar Bank, a Michigan-based institution, has faced regulatory actions related to its mortgage servicing practices. The bank was ordered to pay $27.5 million in redress to approximately 6,500 consumers who were affected by its unlawful practices.

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Flagstar was required to pay this amount to borrowers who were subject to its improper loss mitigation practices, with at least $20 million going to the approximately 2,000 victims of foreclosure. This payment will be made to compensate the victims for the bank's wrongdoing.

The bank was also prohibited from engaging in violations of the loss mitigation provisions of the CFPB's mortgage servicing rules. This means that Flagstar must properly review, acknowledge, and evaluate loss mitigation applications, and cannot improperly deny loss mitigation applications or prolong the trial period for a loan modification.

Flagstar was also ordered to stop acquiring default servicing rights from third parties until it demonstrates its ability to comply with laws that protect consumers during the loss mitigation process.

Here is a summary of the key requirements imposed on Flagstar: