<ARTICLE> 9
<CIK> 0001033012
<NAME> FLAGSTAR BANCORP, INC.
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<EXCHANGE-RATE>                                  1,000
<CASH>                                         118,636
<INT-BEARING-DEPOSITS>                               0
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<ALLOWANCE>                                   (23,000)
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<DEPOSITS>                                   2,260,963
<SHORT-TERM>                                 1,477,000
<LIABILITIES-OTHER>                            311,612
<LONG-TERM>                                     74,750
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           129
<OTHER-SE>                                     185,585
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<INTEREST-LOAN>                                233,188
<INTEREST-INVEST>                                4,858
<INTEREST-OTHER>                                   624
<INTEREST-TOTAL>                               238,670
<INTEREST-DEPOSIT>                             112,493
<INTEREST-EXPENSE>                              61,239
<INTEREST-INCOME-NET>                           64,938
<LOAN-LOSSES>                                    7,296
<SECURITIES-GAINS>                                   0
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<EXTRAORDINARY>                                      0
<CHANGES>                                            0
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<EPS-BASIC>                                       2.83
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<LOANS-PAST>                                         0
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