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Flagstar Bank has implemented mortgage servicing software provided by OrangeGrid to manage its loss mitigation processes and enhance internal efficiencies.
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COMMENTARY
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FHA & CFPB Urged to Create Additional Reverse Mortgage Protections
The Federal Housing Agency and the Consumer Financial Protection Bureau have been called on to fix servicing problems and create additional protection for the 480,000 outstanding reverse mortgages in the country.
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Fed Hikes Interest Rates by 25pts
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Report: YoY Pending Sales Down 30% Nationally
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Fitch Report: New REO Inventory on the Rise
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Housing Market Potential Drops 17% YoY
