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
More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter
Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.
Industry veteran had worked for BlackRock, Federal Reserve Bank of New York.