Homebuyers Sue Mortgage Giants, Alleging Nationwide Price-Fixing Scheme
If certified, the case will become one of the largest antitrust actions in housing finance history
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Tagged: Flagstar Bank
A&D Mortgage Buying Former Flagstar TPO Channel From Mr. Cooper
The Non-QM pioneer fulfills agency dreams in purchase of legacy platform
Arc Home Adds John Gibson, Eamon Cantwell To Executive Team
Cantwell named chief operations officer, while Gibson will serve as chief production officer
Flagstar Fined $3.5M For Misleading Statements After 2021 Cyberattack
The SEC issued a hefty penalty and cease-and-desist order, barring future misleading statements
Jason Lee New President Of The Loan Store
The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"
Flagstar Bank Announces Workforce Reduction Of 700 Employees
More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter
Oct 21, 2024
Mr. Cooper Posts Strong Second Quarter Earnings
The company announced concurrently its decision to purchase Flagstar Bank's servicing and TPO operations for $1.4B.
Jul 25, 2024
Mr. Cooper To Buy Flagstar's Mortgage Servicing, TPO Platform
The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities."
Flagstar Bank Selling $5 Billion In Warehouse Loans To JPMorgan Chase
The New York Community Bancorp plans to reinvest proceeds from sale into securities holdings
May 15, 2024
John Gibson Joins Cardinal Financial Company
Gibson formerly served as SVP of TPO lending at Flagstar Bank
May 13, 2024