Get More Information On Flagstar Bank
Flagstar Bank is headquartered in the U.S. state of Michigan, it is the
second largest banking institution and it has $12.8 billion in total assets.
In the wholesale mortgage business,
it is a national leader and also a leading mortgage lender.
In Michigan, Indiana and Georgia presently it has banking centers. In 1987
the bank was chartered under the name First Security Savings Bank.
Through its internet banking Flagstar Bank originates a number of mortgages across
the United States. In Troy, Michigan Principal corporate offices are located
and on the New York Stock Exchange, stock is traded.
For the Detroit Free Press/Flagstar Bank International Marathon, bank is a co-sponsor
and also sponsors the annual "Arts, Beats and Eats" fundraiser for the United Way.
In Michigan and Indiana Flagstar operates
more than 100 banking centers and home loan centers in 26 states.
In all 50 states Flagstar's corporate office is the primary loan
processing hub for its enterprise network of home loan centers and wholesale lending customers.
Flagstar has
created a more effective method of processing loan data and mortgage, and significantly increased the
efficiency of its organizational infrastructure, which provides Flagstar with an opportunity to better
serve its customers, With Ascent.
Flagstar can process
loans faster and move customers closer toward home ownership. Because of the improved
image processing, Flagstar Bank has reduced the margin for human error and enabled
staff members to process mortgages in a more efficient manner.
Flagstar
contacted Pyramid Solutions a Bingham Farms, Michigan-based software and systems integration
firm, and Kofax Certified Solutions Provider, to help integrate the information capture system into
their loan processing center.
Flagstar implemented a robust information capture system that includes
Ascent Capture along with several Kodak i830 and 9500 series scanners, by Working with Pyramid.
In establishing a seamless workflow that incorporates FileNet's
Business Process Manager, an enterprise-strength product for managing the flow of data throughout
the system, Flagstar Bank used Pyramid's assistance. The solution assures Flagstar that loan
documents are accessible for processing at the moment each loan enters Flagstar's
loan processing center, with these components.
The bank needed a means to capture data
immediately and accurately , so Flagstar realized that and kept volume of different documents that it was
receiving from around its national network. Flagstar with an easy-to-use, seamless interface for managing
its documents and significantly improved its mortgage processing operations are provided by
the resulting information capture solution.
