Monday, February 6, 2017

Stearns Lending sells delegated correspondent lending business to Flagstar

Flagstar Bancorp is about to grow its correspondent lending business, as the bank announced Monday that is plans to acquire Stearns Lending’s delegated correspondent lending business. Upon the completion of the deal, Flagstar will become the 4th largest correspondent loan originator in the country, the bank said. http://www.housingwire.com/articles/39145-stearns-lending-sells-delegated-correspondent-lending-business-to-flagstar ❤️ #share #mortgage



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