(Source: Business Wire)
Pittsburgh-based ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF) has been selected as a national appraisal vendor for Flagstar Bank. ServiceLink is providing Flagstar's retail, wholesale and correspondent divisions with a comprehensive suite of valuation products including full appraisals, FHA appraisals and field reviews.
"We are pleased to have ServiceLink providing valuation services for Flagstar customers," said Marni Scott, senior vice president at Flagstar Bank.
Flagstar Bank's retail branches, wholesale brokers and correspondent clients can utilize ServiceLink's products easily through a wholly interactive Web-based environment whereby loan originators and processors can order valuation services at the point of sale.
"We truly appreciate the opportunity to work with Flagstar," said Kevin Gugenheim, ServiceLink's executive vice president and chief strategic officer. "The bank is known for seeking fresh ways of putting technology to work for its customers and is recognized as a pioneer in paperless mortgage processing. We believe ServiceLink's industry leading settlement services technology is an ideal match for the Flagstar environment."
About ServiceLink
ServiceLink is a leading provider of origination and default services and is the national mortgage services platform for the Fidelity National Financial family of companies (NYSE:FNF). Leveraging an industry leading technology platform, Vision(SM), ServiceLink offers a complete suite of title, settlement, appraisal, default and asset management related products and services. As one of the most experienced mortgage service providers in the United States, ServiceLink employs more than 1,200 associates, each an important part of the "Serve First" culture and exhibits an overriding commitment to quality and long-term strategic partnerships. "Consider it Done" is not just a tag line, but a testament to the culture, associates and the expectations of ServiceLink customers. ServiceLink is licensed to operate in all 50 states and services eight of the top ten lenders in the United States. ServiceLink is an operating division for five Fidelity National Title Group (FNTG) underwriters that include: Chicago Title, Fidelity National Title, Ticor Title, Alamo Title and Security Union. For more information, visit the company's website at www.servicelinkfnf.com or contact ServiceLink at 1-800-439-5451.
About Flagstar Bank
Flagstar Bank is a subsidiary of Flagstar Bancorp (NYSE: FBC), a bank holding company headquartered in Troy, Mich. With $15.9 billion in total assets, Flagstar Bancorp is the largest publicly held savings bank headquartered in the Midwest. At March 31, 2008, Flagstar operated 167 banking centers in Michigan, Indiana and Georgia and 138 home loan centers in 26 states. Flagstar originates home loans nationwide and is one of the leading originators of residential mortgages. For more information, please visit www.flagstar.com.
