FBR: We’re bullish on Flagstar-Stearns Lending correspondent lending deal

After announcing late Monday that it intends to acquire Stearns Lending’s delegated correspondent lending business, Flagstar Bancorp is positioned to grow its already sizable footprint in the #mortgage business, FBR & Co. analysts said in a note to clients. Here’s their take on the deal. http://www.housingwire.com/articles/39149-fbr-were-bullish-on-flagstar-stearns-lending-correspondent-lending-deal ❤️ #share #mortgage