Flagstar Bank Pulls Plug On Retail Mortgage Lending. The Michigan-Based Bank Lays Off Hundreds Of Employees Flagstar Bank employees posted on social media that the bank has pulled the plug on mortgage lending. The bank also fired or laid off hundreds of employees. Flagstar’s move comes nearly two months after receiving the Fed approved a […]
Flagstar Bancorp Q1 Earnings Plummet 64%. Management Sheds 20% Of Workforce! Is The Bank Teetering On Insolvency? Flagstar Bancorp CEO says he is optimistic about 2022. CEO Alessandro DiNello made the comments after the bank profits dropped 64%. He added that the drop was due to a ‘transitionary period’ in the first quarter. The Michigan […]
The Only Flagstar Bank Foreclosure Defense Team That Has Brought Flagstar Bank To Their Knees! MFI-Miami has created a specialized Flagstar Bank Foreclosure Defense Team just for Flagstar customers. The team’s focus will solely on developing strategies for homeowners to defeat Flagstar in a foreclosure battle. MFI-Miami will also give homeowners their own personalized Flagstar […]
Is Flagstar Bank Playing Low-Income Borrowers For Chumps? Michigan based Flagstar Bank has the Internet abuzz about their plan to bring back zero-down mortgages. There are plenty of details about this program that Zero Hedge and Housing Wire left out of their articles. Flagstar Bank is also throwing in money toward closing costs. The bank […]
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