Skip to main content
Close

Before you go

You are about to leave flagstar.com. Flagstar is not responsible for the content on other sites.

Transparency

Commitment to align with leading standards and frameworks.

SASB

Mortgage Finance

Topic

Accounting Metric

Category

Unit of Measure

Code

Flagstar

Lending Practices

Total amount of monetary losses as a result of legal proceedings associated with communications to customers or remuneration of loan originators

Quantitative

Reporting currency

FN-MF-270a.3

Discriminatory Lending

Total amount of monetary losses as a result of legal proceedings associated with discriminatory mortgage lending

Quantitative

Reporting currency

FN-MF-270b.2

Discriminatory Lending

Description of policies and procedures for ensuring nondiscriminatory mortgage origination

Discussion and Analysis

n/a

FN-MF-270b.3

Environmental Risk to Mortgaged Properties

Description of how climate change and other environmental risks are incorporated into mortgage origination and underwriting

Discussion and Analysis

n/a

FN-MF-450a.3

Activity Metrics

(1) Number and (2) value of mortgages originated by category: (a) residential and (b) commercial

Quantitative

Number, Reporting currency

FN-MF-000.A

Commercial Banks

Topic

Accounting Metric

Category

Unit of Measure

Code

Flagstar

Data Security

Description of approach to identifying and addressing data security risks

Discussion and Analysis

n/a

FN-CB-230a.2

Financial Inclusion & Capacity Building

(1) Number and (2) amount of loans outstanding qualified to programs designed to promote small business and community development

Quantitative

Number, Reporting currency

FN-CB-240a.1

Financial Inclusion & Capacity Building

Number of participants in financial literacy initiatives for unbanked, underbanked, or underserved customers

Quantitative

Number

FN-CB-240a.4

Business Ethics

Total amount of monetary losses as a result of legal proceedings associated with fraud, insider trading, anti-trust, anti-competitive behavior, market manipulation, malpractice, or other related financial industry laws or regulations

Quantitative

Reporting currency

FN-CB-510a.1

Business Ethics

Description of whistleblower policies and procedures

Discussion and Analysis

n/a

FN-CB-510a.2

Consumer Finance

Topic

Accounting Metric

Category

Unit of Measure

Code

Flagstar

Customer Privacy

Total amount of monetary losses as a result of legal proceedings associated with customer privacy

Quantitative

Reporting currency

FN-CF-220a.2

Data Security

Description of approach to identifying and addressing data security risks

Discussion and Analysis

n/a

FN-CF-230a.3

Selling Practices

Total amount of monetary losses as a result of legal proceedings associated with selling and servicing of products

Quantitative

Reporting currency

FN-CF-270a.5

TCFD

Topic

Description

Disclosure

Flagstar

Governance

Disclose the organization’s governance around climate related risks and opportunities.

Describe the board’s oversight of climate-related risks and opportunities.

Governance

Disclose the organization’s governance around climate related risks and opportunities.

Describe management’s role in assessing and managing climate-related risks and opportunities.

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

Describe the impact of climate related risks and opportunities on the organization’s businesses, strategy, and financial planning.

Strategy

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.

Risk Management

Disclose how the organization identifies, assesses, and manages climate-related risks.

Describe the organization’s processes for identifying and assessing climate-related risks.

Risk Management

Disclose how the organization identifies, assesses, and manages climate-related risks.

Describe the organization’s processes for managing climate-related risks.

Risk Management

Disclose how the organization identifies, assesses, and manages climate-related risks.

Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management.

Metrics and Targets

 

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

Disclose the metrics used by the organization to assess climate related risks and opportunities in line with its strategy and risk management process.

Metrics and Targets

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

Metrics and Targets

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.

GRI

GRI Standard

Disclosure

Flagstar

GRI 2: General Disclosures 2021

2-1 Organizational details

GRI 2: General Disclosures 2021

2-2 Entities included in the organization’s sustainability reporting

GRI 2: General Disclosures 2021

2-3 Reporting period, frequency and contact point

GRI 2: General Disclosures 2021

2-4 Restatements of information

Indicated when necessary throughout the report.

GRI 2: General Disclosures 2021

2-5 External assurance

Flagstar did not yet seek external assurance for the contents in this report.

GRI 2: General Disclosures 2021

2-6 Activities, value chain and other business relationships

GRI 2: General Disclosures 2021

2-7 Employees

GRI 2: General Disclosures 2021

2-9 Governance structure and composition

GRI 2: General Disclosures 2021

2-10 Nomination and selection of the highest governance body

GRI 2: General Disclosures 2021

2-11 Chair of the highest governance body

GRI 2: General Disclosures 2021

2-12 Role of the highest governance body in overseeing the management of impacts

GRI 2: General Disclosures 2021

2-13 Delegation of responsibility for managing impacts

GRI 2: General Disclosures 2021

2-14 Role of the highest governance body in sustainability reporting

GRI 2: General Disclosures 2021

2-15 Conflicts of interest

GRI 2: General Disclosures 2021

2-16 Communication of critical concerns

GRI 2: General Disclosures 2021

2-17 Collective knowledge of the highest governance body

GRI 2: General Disclosures 2021

2-18 Evaluation of the performance of the highest governance body

GRI 2: General Disclosures 2021

2-19 Remuneration policies

GRI 2: General Disclosures 2021

2-20 Process to determine remuneration

GRI 2: General Disclosures 2021

2-21 Annual total compensation ratio

GRI 2: General Disclosures 2021

2-22 Statement on sustainable development strategy

GRI 2: General Disclosures 2021

2-23 Policy commitments

GRI 2: General Disclosures 2021

2-24 Embedding policy commitments

GRI 2: General Disclosures 2021

2-25 Processes to remediate negative impacts

GRI 2: General Disclosures 2021

2-26 Mechanisms for seeking advice and raising concerns

GRI 2: General Disclosures 2021

2-27 Compliance with laws and regulations

GRI 2: General Disclosures 2021

2-28 Membership associations

GRI 2: General Disclosures 2021

2-29 Approach to stakeholder engagement

GRI 2: General Disclosures 2021

2-30 Collective bargaining agreements

GRI 3: Material Topics 2021

3-1 Process to determine material topics

GRI 3: Material Topics 2021

3-2 List of material topics

GRI 3: Material Topics 2021

3-3 Management of material topics

GRI 201: Economic Performance 2016

201-1 Direct economic value generated and distributed

GRI 201: Economic Performance 2016

201-2 Financial implications and other risks and opportunities due to climate change

GRI 201: Economic Performance 2016

201-3 Defined benefit plan obligations and other retirement plans

GRI 203: Indirect Economic Impacts 2016

203-1 Infrastructure investments and services supported

GRI 203: Indirect Economic Impacts 2016

203-2 Significant indirect economic impacts

GRI 205: Anti-corruption 2016

205-1 Operations assessed for risks related to corruption

GRI 205: Anti-corruption 2016

205-2 Communication and training about anti-corruption policies and procedures

GRI 205: Anti-corruption 2016

205-3 Confirmed incidents of corruption and actions taken

GRI 206: Anti-competitive Behavior 2016

206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

GRI 207: Tax 2019

207-1 Approach to tax

GRI 302: Energy 2016

302-1 Energy consumption within the organization

GRI 302: Energy 2016

302-3 Energy intensity

GRI 302: Energy 2016

302-4 Reduction of energy consumption

GRI 303: Water and Effluents 2018

303-5 Water consumption

GRI 305: Emissions 2016

305-1 Direct (Scope 1) GHG emissions

GRI 305: Emissions 2016

305-2 Energy indirect (Scope 2) GHG emissions

GRI 305: Emissions 2016

305-3 Other indirect (Scope 3) GHG emissions

GRI 305: Emissions 2016

305-4 GHG emissions intensity

GRI 306: Waste 2020

306-4 Waste diverted from disposal

GRI 401: Employment 2016

401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees

GRI 404: Training and Education 2016

404-2 Programs for upgrading employee skills and transition assistance programs

GRI 405: Diversity and Equal Opportunity 2016

405-1 Diversity of governance bodies and employees

GRI 406: Non-discrimination 2016

406-1 Incidents of discrimination and corrective actions taken

GRI 413: Local Communities 2016

413-1 Operations with local community engagement, impact assessments, and development programs

GRI 418: Customer Privacy 2016

418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data

SDGs

SDG

Description

Flagstar

Number 1 & 6 people standing together

End poverty in all its forms everywhere

Number 3, heart & heart beat pattern

Ensure healthy lives and promote well-being for all at all ages

Number 4, book & pencil

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Number 5 and gender sex symbols

Achieve gender equality and empower all women and girls

Number 6 and water dispenser

Ensure availability and sustainable management of water and sanitation for all

Number 7 and a sun with a power symbol

Ensure access to affordable, reliable, sustainable and modern energy for all

Number 8 and line graph

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Number 9 and three blocks stacked

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Number 10 & Reduced InEqualities icon

Reduce inequality within and among countries

Number 11 and cityscape

Make cities and human settlements inclusive, safe, resilient and sustainable

Number 13 and eye with globe in it

Take urgent action to combat climate change and its impacts

Number 16 and dove with lawyers gavel

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels