Pros
There is absolutely nothing left to recommend this place to anyone.
Cons
First, Sandro DiNello is no longer CEO, Flagstar was awesome under him. Since the near failure of the company under the NYCB leadership, and the influx of outside investment and the overhaul of executive leadership and the board, the employee experience has fallen off of a cliff. Massive layoffs, zero communication from the management, multiple ongoing surprise re-orgs, forcing "return to work" after internal remodels have made the in-office work environment intolerable (the heat hasn't been on in the building all winter, relegating everyone to sit in postage-stamp size "hotel cube farms" in barren, loud workspaces that make it impossible to get work done), and an outright open hostility to anything related to employee satisfaction. Basically, the message is clear - "there's a new sheriff in town, and if you don't like it, quit." AWFUL. This place has done a complete 180 since the days when Sandro lead the company. STAY AWAY!!!!!