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Flagstar Recognized by Freddie Mac.(Flagstar Bank)(Brief article)
Troy, MI -- Flagstar Bank has achieved Freddie Mac's "Tier One Platinum" loan servicing status, the company said last month.
Freddie Mac rates servicers monthly on the basis of performance measures pertinent to both performing and nonperforming loans. The standards include investor reporting, minimizing credit losses and helping delinquent borrowers avoid foreclosure.
Servicers who reach Tier One Platinum status have had to achieve Tier One rankings in both the ...
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