Pittsburgh-based ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial, has been selected as a national appraisal vendor for Flagstar Bank. ServiceLink says it is providing Flagstar's retail, wholesale and correspondent divisions with a comprehensive suite of valuation products, including full appraisals, Federal Housing Administration appraisals and field reviews.
Flagstar Bank's retail branches, wholesale brokers and correspondent clients can utilize ServiceLink's products easily through a wholly interactive, Web-based environment whereby loan originators and processors can order valuation services at the point of sale.
‘This is a valued opportunity for us to work with Flagstar,’ says Kevin Gugenheim, ServiceLink's executive vice president and chief strategic officer. ‘The bank is known for seeking fresh ways of putting technology to work for its customers and is recognized as a pioneer in paperless mortgage processing.’