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Flagstar FSB
I worked for a mortgage company - management, not a broker - and we placed several loans with Flagstar. This was during the heyday of sub-prime lending. Their "quality control" people decided a few of the loans didn't meet their standards (like they have any) and they demanded we buy them back. I found a "bad paper" investment firm which said they would be pleased to take them, so I contacted Flagstar and said okay we'll buy them. They had threatened us with all sorts of legal action if we didn't. Their Office of... read full review »
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