Flagstar Approves iMS As Appraisal Provider

iMortgage Services LLC (iMS), an independent national provider of value-added collateral valuation and settlement services for the residential mortgage industry, has been selected as a preferred national appraisal vendor for Flagstar Bank.

iMS has been approved to work with Flagstar's brokers, correspondents and branches for all appraisal products. As part of its valuation solution, iMS will offer warranties on all forms of appraisal products provided to Flagstar, including Federal Housing Administration appraisals and field reviews.

The company notes that it is one of only six vendors currently approved to provide appraisals during Flagstar's origination process.

Source: iMS

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