FHA Loan Articles

Flagstar CEO: We’re not ‘just a mortgage company’

My mortgage was sold to them and they didn’t setup my escrow account correctly. They stopped paying my insurance and property taxes. Then they started threatening me saying I didn’t have insurance and would be charged $1,145 when I in fact had insurance and was receiving notices that my mortgage company Flagstar was not paying it.

Wells Fargo Settles Lawsuit For $480 Million  · Nationstar has closed on the purchase of another mortgage servicing rights portfolio. As a result, the nonbank servicer has officially acquired $43 billion in servicing portfolios since the end of.

Community matters to Flagstar, as it always has to Desert Community Bank. That’s why we have every intention of not just maintaining Desert Community’s legacy of community investment, but expanding it." About Flagstar. Flagstar Bancorp, Inc. (NYSE: FBC) is a $16.9 billion savings and loan holding company headquartered in Troy, Mich.

 · Zahira Gonzalvo Goes From Risk to Reward.. Gonzalvo still finds herself in the Detroit area-though now with Flagstar Bank, the fifth largest bank mortgage originator in the country, serving in dual leadership capacities.. we’re happy to see the company is moving in this direction,'” she reports. “It really makes it worthwhile.”

Existing-home sales fall to three-year low, miss estimates Existing home sales fall 5% in January – miss analyst estimates. Not seasonally adjusted monthly number plunged 32%. Growing household debt levels will further impair buyer demand. The housing.House panel advances two flood insurance changes, but divisions remain Two acquisitive mortgage bankers see first-quarter profits fall For those mortgage bankers holding mortgage servicing rights, an increase in mortgage interest rates resulted in MSR valuation gains and helped overall profitability." Other key report findings:–average production volume fell to $455 million per company in the first quarter, down from $690 million per company in the fourth quarter.But the House and U.S. Senate will have to work out differences in their two bills. Meanwhile, on Wednesday, the state House Insurance and Banking Subcommittee unanimously approved legislation (HB 879) that is designed to entice more private insurers into a market that is now dominated by the National Flood Insurance Program.

Application. I applied online. The process took 4+ weeks. I interviewed at Flagstar Bank (Troy, MI) in January 2018. Interview. Submitted my resume online and went through a phone screen, in person interview with the person I’d be reporting to, and then a meet the team interview.

Mortgage rates rise again, but shouldn’t affect home buying Volatility defines first-quarter home sales, California takes big hit Ex-Cantor bond trader on trial as defense assails profiteers Peter Henning Biography. Professor Peter J. Henning joined the Wayne Law faculty in 1994 as an associate professor and was promoted to professor of law in 2002. He graduated magna cum laude in 1985 from georgetown university law center, where he served as a notes and comments editor on the Georgetown Law Journal.Fiserv acquires LOS vendor pclender foreclosure activity is at the lowest level in over a decade The report also documents that other foreclosure activity indicators are the lowest in the last decade as well. Homes in foreclosure presale for the month of July 2017 were down 12,000 from the previous month and were also down 28 percent from July 2016. The total number of loans in foreclosure was below 400,000 for the first time since Feb. 2007.