Flagstar Posts Smaller Loss in 3Q, Originations Spike

Flagstar Bancorp, the nation’s sixth largest wholesale originator, lost just $14 million in the third quarter, a sign that it may finally be headed toward the black after years of losses.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_462/flagstar-posts-smaller-loss-1027162-1.html

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