Articles Tagged with ''Flagstar''

From HW Magazine

2018 Rising Stars: Rocky Stubbs

SVP, Head of Direct and Digital Lending at Flagstar
Rocky Stubbs recently joined Flagstar as head of direct lending and has been charged with positioning Flagstar as a market leader in digital and direct mortgage lending.
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Capital One consumer direct lending team finds new home at Flagstar

Rocky Stubbs takes team from Capital One to Flagstar
When Capital One suddenly announced last year that it planned to exit its mortgage and home equity originations business, not much was known about what would happen to the more than 900 employees that would be laid off as a result of Capital One’s decision. Well, it turns out that a small percentage of those employees will be moving over to Flagstar Bank.
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Flagstar expanding in California with new acquisitions

Buying 8 Desert Community Bank branches
Earlier this year, the company acquired Stearns Lending’s delegated correspondent lending business and Opes Advisors, a full-service mortgage bank and financial advisory firm. The Opes Advisors acquisition positioned Flagstar to grow its lending business in the Western part of the U.S., and now, the company is making another move to grow its business on the west coast.
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Flagstar rolls out zero-down mortgage with closing cost aid for low-income borrowers

Bank will also provide up to $3,500 for closing costs
Flagstar Bank is targeting low- to moderate-income borrowers with a mortgage offer that’s seemingly too good to be true. The program, which Flagstar introduced earlier this week, requires no down payment from the borrower and also provides the borrower with closing cost assistance. Here are the details.
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EXCLUSIVE: Nation's top mortgage lenders reveal their secrets to success

What makes these companies tick? We asked, they answered
HousingWire set out to find out how the nation's top 10 originators dominated the mortgage industry in 2016, including their best advice for up-and-coming mortgage lenders. Here’s what some of the top mortgage lenders say were the main drivers of their growth, and what they will be focusing on going forward.
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