Troy, Mich.-based mortgage lender Flagstar Bank has named Urban Lending Solutions Appraisals (ULSA) an approved appraisal management company (AMC).
ULSA is currently providing appraisal services to both Flagstar's retail and correspondent channels.
‘We are very excited to offer our high-quality appraisal services to Flagstar Bank and their customers,’ says Scot Rose, president and chief valuation officer of ULSA, in a release. ‘As a fully integrated partner within Flagstar's order management system, ULSA can now easily be selected for nationwide services, and their partners can experience working with a premier AMC.’
ULSA, a wholly owned subsidiary of Urban Lending Solutions (ULS), is a nationwide provider of AMC services. It was launched in 2010 to provide organizational focus on valuation services due to the increased regulatory requirements in the industry.
Founded in 2002 by Charles and Elisa Sanders, ULS is a certified minority business enterprise and a Corporate Plus member of the National Minority Development Council. For the past six years straight, the company has been recognized as one of the largest black-owned businesses in the U.S.
What's more, ULS was recently named to the Top 20 in Black Enterprise Magazine's Top 100 list for a second straight year.
