SearchMyLoan, Flagstar Partner For Loan Production

Posted by Orb Staff on October 09, 2007 No Comments
Categories : Residential Mortgage

SearchMyLoan.com (SML), a provider of loan-search and pricing services, has announced an agreement with Troy, Mich.-based Flagstar Bank, a national mortgage wholesale lender, to provide an exchange of rates, pricing and loan program information to users of the SearchMyLoan.com pricing engine.

Through the partnership, Flagstar Bank's loans can be identified using SML's Enterprise platform, a loan pricing and decisioning system. Inclusion on the platform means access to a number of Flagstar loan products and, ultimately, a wider variety of products to borrowers.

"Our partnership with SearchMyLoan.com is beneficial in that it will provide SearchMyLoan.com users with a wider array of products and options for their borrowers, as well as expose Flagstar Bank to customers it may not have reached through conventional means," says Charlie Johnson, vice president of the national technology consulting team of Flagstar Bank.

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