A Wells Fargo spokesman: "We currently have 33 home lending locations in those states and no home lending team members will be moving to Flagstar as part of this divestiture."
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“There could be some sector consolidation down the road,” noted Allen Price, senior vice president in charge of business development for RoundPoint Mortgage…
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MBA: “An important recent example is the use of a single vendor for various aspects of a major enterprise technology project, thereby forcing many lenders to choose whether to retain their existing vendors or switch to the lone ‘approved’ vendor.”
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