Flagstar Wins Innovative Lender Award From Mortgage Technology Magazine
More News related to FBC
- Flagstar Bancorp (FBC) Posts Q3 Loss of $0.64, Wider than Expected; Management Changes
- Flagstar (FBC) Announces $2B Mixed Shelf
- Flagstar Announces Strategic Initiatives and Leadership Appointments and Reports 2009 Third Quarter Results
- Trading Radar for 11/03: UBS (UBS), Yamana Gold (AUY), Archer-Daniels (ADM), Royal Caribbean (RCL), Marathon (MRO) Report
- Flagstar Wins Innovative Lender Award From Mortgage Technology Magazine
More News related to Press Releases
- Spectrum Pharma (SPPI) Files $250M Mixed Shelf
- Bank of Kentucky Financial (BKYF) Files $50M Mixed Shelf
- Nanophase Tech. (NANX) Files 847K Common Shelf for Selling Shareholders
- Altra Holdings (AIMC) Closes $210M Senior Notes Offering; Enters Into Revolving Credit Facility; Subsidiary Tenders $167.9M of Senior Notes
- Sigma Designs (SIGM) Files 3.93M Share Shelf for Common Stock
TROY, Mich., Oct. 28 /PRNewswire-FirstCall/ -- Flagstar Bank, a subsidiary of Flagstar Bancorp, Inc., (NYSE: FBC), today announced it was named the 2009 Innovative Lender by Mortgage Technology magazine publisher, SourceMedia, at the organization's recent Tech Awards ceremony in San Diego.
In naming Flagstar the winner, Mortgage Technology noted that "Flagstar Wholesale Lending has consistently led the industry in utilizing technology to streamline its mortgage process for independent mortgage originators and correspondent lenders that use their services." The award is given "to the mortgage lender that doesn't just use technology to follow the market, but to both innovate and lead the market of the future."
On its Web site, Mortgage Technology describes Flagstar as "a pioneer in adopting all things electronic... the first lender to sell e-mortgages to both GSEs, use e-notes to solve the warehouse crisis, and is currently piloting an e-mortgage program with FHA."
"We're honored that Flagstar's commitment to helping mortgage originators and consumers with process innovation has been recognized by the leading experts on technology in the industry," said Greg Lutin, executive vice president, national sales manager for Flagstar Bank. "Our technology leadership is the engine that drives our ability to provide the superior service that delivers a best-in-class customer experience."
The Mortgage Technology Tech Awards competition was created in 2000 to identify and recognize practical excellence in technology in the mortgage industry.
About Flagstar
Flagstar Bancorp, with $16.4 billion in total assets, is one of the largest savings banks headquartered in the Midwest. At June 30, 2009, Flagstar operated 175 banking centers in Michigan, Indiana and Georgia and 45 home loan centers in 18 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. For more information, please visit flagstar.com.
SOURCE Flagstar Bank
Related Categories
Press ReleasesStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
