Flagstar Bancorp Inc. saw a quarter-over-quarter rise in home lending, and indicators point to continued gains. The mortgage servicing portfolio also increased.
From April 1 through June 30 of this year, the financial institution closed 31 percent more in residential loans than was funded during the first quarter.
This information, along with other operational and financial results, was published in the Troy, Michigan-based company’s second-quarter 2016 earnings report.
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From:: Financing