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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 6)

FLAGSTAR BANCORP, INC.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
337930101
(CUSIP Number)
Robert H. Weiss
General Counsel
MP (Thrift) Global Advisers III LLC
520 Madison Avenue, 35th Floor
New York, New York 10022
(212) 651-9525

Copy to:

George Sampas, Esq.
Sullivan & Cromwell LLP
125 Broad Street
New York, New York 10004
(212) 558-4945
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 31, 2010
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB control number.
 
 

TABLE OF CONTENTS

Item 1. Security and Issuer
Item 3. Source and Amount of Funds or Other Consideration
Item 5. Interests in Securities of the Issuer
Item 7. Material to be Filed as Exhibits
SIGNATURES
EXHIBIT INDEX

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MP Thrift Investments L.P.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MPGOP III Thrift AV-I L.P.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MPGOP (Cayman) III Thrift AV-I L.P.
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MP (Thrift) Global Partners III LLC
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MP (Thrift) Asset Management LLC
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MP (Thrift) LLC
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

David J. Matlin
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

Mark R. Patterson
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

Table of Contents

                     
CUSIP No.
  
337930101 
  

 

           
1.   NAMES OF REPORTING PERSONS.

MP (Thrift) Global Advisers III LLC
     
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o (See Introduction on Schedule 13D)
     
3.   SEC USE ONLY
   
   
     
4.   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5.   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7.   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 8.   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,060,035,212
       
EACH 9.   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH 10.   SHARED DISPOSITIVE POWER
     
    1,060,035,212
     
11.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,060,035,212
     
12.   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  69.2%
     
14.   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IA

Table of Contents

Item 1. Security and Issuer
This Amendment No. 6 to Schedule 13D (this “Amendment”) amends and supplements the statement on Schedule 13D jointly filed by (i) MP Thrift Investments L.P. (“MP Thrift”), a Delaware limited partnership, (ii) MPGOP III Thrift AV-I L.P. (“MPGOP”), a Delaware limited partnership, by virtue of its 77.05% interest in MP Thrift, (iii) MPGOP (Cayman) III Thrift AV-I L.P. (“MPGOP Cayman” and together with MPGOP, the “Thrift Fund”), a Cayman Islands exempted limited partnership, by virtue of its 22.95% interest in MP Thrift, (iv) MP (Thrift) Global Partners III LLC (“MP LLC”), a Delaware limited liability company, as the General Partner of MP Thrift, (v) MP (Thrift) Asset Management LLC (“MPAM”), a Delaware limited liability company, as the managing member of MP LLC, (vi) MP (Thrift) LLC (“MPT”), a Delaware limited liability company, as the managing member of MPAM, (vii) David J. Matlin and Mark R. Patterson, each as a 50% managing member of MPT, and (viii) MP (Thrift) Global Advisers III LLC (“Matlin Advisers”), a Delaware limited liability company, by virtue of its investment authority over securities held by the Thrift Fund (collectively, the “Reporting Persons”) on February 4, 2009 (the “Schedule 13D”) with the Securities Exchange Commission (the “SEC”), and amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4 and Amendment No. 5 to the Schedule 13D filed on February 19, 2009, February 27, 2009, July 6, 2009, February 1, 2010 and February 2, 2010, respectively. The class of equity securities to which this Amendment relates are shares of common stock of Flagstar Bancorp, Inc. (the “Issuer”), par value $0.01 per share (the “Common Stock”). The principal executive office of the Issuer is 5151 Corporate Drive, Troy, Michigan, 48098. Except as otherwise provided herein, all Items of the Schedule 13D remain unchanged.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of the Schedule 13D is hereby amended and supplemented, with effect from the date of the event giving rise to this Amendment, as follows:
On March 31, 2010, the Thrift Fund collectively purchased 200 million shares of Common Stock pursuant to a public offering of Common Stock. The funding for this transaction came primarily from investors who were investors in existing funds managed by Matlin Advisers.
Item 5. Interests in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended and supplemented, with effect from the date of the event giving rise to this Amendment, as follows:
On March 31, 2010, MPGOP purchased 154,099,400 shares of Common Stock at a per share price of $.50 and, on the same date, MPGOP Cayman purchased a further 45,900,600 shares of Common Stock at a per share price of $.50 (the “Common Stock Purchase”). The Common Stock Purchase was consummated pursuant a public offering by the Issuer of approximately $250 million of its Common Stock. On April 1, 2010, MPGOP and MPGOP Cayman each irrevocably assigned and transferred their combined holdings of 200,000,000 shares of Common Stock to MP Thrift, an entity formed for the purpose of making investments in the Issuer (the “Assignment”). After the consummation of the Common Stock Purchase and the Assignment, MP Thrift was the direct owner of 997,535,212 shares of Common Stock, and the Reporting Persons beneficially owned 67.86% of shares of Common Stock then outstanding.
On April 1, 2010, pursuant to the terms of the Capital Securities Purchase Agreement, MP Thrift elected to convert its holdings of 50,000 shares of trust preferred securities of the Issuer (the “Conversion”), with an aggregate liquidation preference of $50 million and annual dividend rate of 10% (the “Capital Securities”), into 62,500,000 shares of Common Stock at a conversion price of $0.80 per share. The Capital Securities were convertible into common stock of the Issuer at a conversion price equal to 90% of the volume-weighted average price per share during the period from February 1, 2009 to April 1, 2010, subject to a minimum of $0.80 and a maximum of $2.00 per share. The Capital Securities could only be converted, in whole or in part, on April 1, 2010, with the conversion right lapsing if not exercised on this date. After the Conversion, MP Thrift was the direct owner of 1,060,035,212 shares of Common Stock, and the Reporting Persons beneficially owned 69.17% of shares of Common Stock then outstanding.
Other than the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Issuer referred to in this Item 5.

 

Table of Contents

Item 7. Material to be Filed as Exhibits
     
Exhibit I
  Joint Filing Agreement, by and among the Reporting Persons, dated January 29, 2010.
 
    
Exhibit II
  Power of Attorney for David J. Matlin and Mark P. Patterson for certain filings under the Securities Exchange Act of 1934, dated July 15, 2008 (incorporated by reference to Exhibit V to the Schedule 13D filed on February 4, 2009).
 
    
Exhibit III
  Prospectus Supplement filed by Flagstar Bancorp, Inc. pursuant to Rule 424(b)(5) (incorporated by reference to the Rule 424(b)(5) filing by the Issuer on March 29, 2010)

 

Table of Contents

SIGNATURES
          After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: April 5, 2010
         
MP Thrift Investments L.P.
 		    
By:   MP (Thrift) Global Partners III LLC
General Partner  		    
     
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     
 
MPGOP III Thrift AV-I L.P.
 		    
By:   MP (Thrift) Global Partners III LLC      
  General Partner     
 
By:   /s/ Robert H. Weiss      
  Name:   Robert H. Weiss     
  Title:   General Counsel     
 
MPGOP (Cayman) III Thrift AV-I L.P.
 		    
By:   MP (Thrift) Global Partners III LLC      
  General Partner     
 
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     
 
MP (Thrift) Global Partners III LLC
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     
 
MP (Thrift) Asset Management LLC
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     
 
MP (Thrift) LLC
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     

 

Table of Contents

         
David J. Matlin
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   Attorney-in-Fact     
 
Mark R. Patterson
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   Attorney-in-Fact     
 
MP (Thrift) Global Advisers III LLC
 		    
By:   /s/ Robert H. Weiss     
  Name:   Robert H. Weiss     
  Title:   General Counsel     

 

Table of Contents

         
EXHIBIT INDEX
     
Exhibit   Title
 
    
Exhibit I
  Joint Filing Agreement, by and among the Reporting Persons, dated January 29, 2010.
 
    
Exhibit II
  Power of Attorney for David J. Matlin and Mark P. Patterson for certain filings under the Securities Exchange Act of 1934, dated July 15, 2008 (incorporated by reference to Exhibit V to the Schedule 13D filed on February 4, 2009).
 
    
Exhibit III
  Prospectus Supplement filed by Flagstar Bancorp, Inc. pursuant to Rule 424(b)(5) (incorporated by reference to the Rule 424(b)(5) filing by the Issuer on March 29, 2010)

 

Table of Contents

Exhibit I
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned Reporting Persons hereby agrees to the joint filing, along with all other such Reporting Persons, on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Preferred Shares of the Issuer, and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, each of the undersigned hereby executes this Agreement as of January 29, 2010
MP Thrift Investments L.P.
             
By:   MP (Thrift) Global Partners III LLC    
    General Partner    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    
 
            
MPGOP III Thrift AV-I L.P.    
 
            
By:   MP (Thrift) Global Partners III LLC    
    General Partner    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    
 
            
MPGOP (Cayman) III Thrift AV-I L.P.    
 
            
By:   MP (Thrift) Global Partners III LLC    
    General Partner    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    
 
            
MP (Thrift) Global Partners III LLC    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    
 
            
MP (Thrift) Asset Management LLC    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    

 

Table of Contents

             
MP (Thrift) LLC    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel    
 
            
David J. Matlin    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   Attorney-in-Fact    
 
            
Mark R. Patterson    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   Attorney-in-Fact    
 
            
MP (Thrift) Global Advisers III LLC    
 
            
By:
   /s/ Robert H. Weiss     
         
 
  Name:   Robert H. Weiss    
 
  Title:   General Counsel