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Flagstar Bancorp

Flagstar Sells DocVelocity to CapsilonFlagstar Bancorp Inc. (NYSE: FBC) is selling the document imaging business for mortgage lenders it built in 2007 to the company that developed much of the technology it uses.
Flagstar Pays $133M To Settle Mortgage FraudFlagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.
Awards And Certifications From October 24The latest industry awards and certifications earned by Michigan's technology-focused companies and institutions
New Software From Flagstar's DocVelocityTroy-based DocVelocity, a Web-based paperless processing system for mortgage bankers and brokers, has released DocVelocity 3.0.

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