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Flagstar Bank Honored With Fannie Mae's 2015 STAR Performer Award

Apr 25, 2016
Flagstar Bancorp Inc. has announced the signing of a definitive agreement under which it will acquire certain assets of Opes Advisors Inc.

Flagstar Bank was recently named a Fannie Mae Servicer Total Achievement and Rewards (STAR) Performer for 2015 by Fannie Mae in recognition of Flagstar's outstanding performance and best practices in the General Servicing category. The STAR Program recognizes top-performing mortgage servicers for assisting homeowners, aiding the housing recovery, and demonstrating excellence in mortgage servicing.

"This recognition by Fannie Mae, our biggest customer for loan sales, reflects the extraordinary efforts by Flagstar's servicing team to enhance our position as an elite mortgage servicer," said Lee Smith, chief operating officer of Flagstar Bank. "Our team strives for operational excellence and continuous improvement, and they continue to deliver on those objectives."

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