FLAGSTAR FINANCIAL, INC. RECEIVES SUPPORT FROM INDUSTRY LEADING INDEPENDENT PROXY ADVISORY FIRM ISS FOR UPCOMING SHAREHOLDER VOTE TO ENHANCE CORPORATE STRUCTURE

, /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") the holding company for Flagstar Bank, N.A., (the "Bank"), today announced that Institutional Shareholder Services (ISS), an industry leading independent proxy advisory firm, has recommended that FLG shareholders vote "FOR" the Company's three proposals to enhance its corporate structure by merging the Holding Company into its Bank subsidiary at the upcoming Special Meeting of Shareholders on Wednesday, October 15. "The support of Instit ...