New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:04 EDTFBCFlagstar Bancorp sells DocVelocity to Capsilon, terms not disclosed
Flagstar Bancorp has agreed to sell the assets and operations of DocVelocity, its document imaging business for mortgage lenders, to Capsilon. Capsilon developed much of the technology that DocVelocity has marketed and sold since 2007, and which Flagstar has used to provide paperless mortgage processing to its wholesale customers. Following the transaction, Flagstar will continue to use the DocVelocity service. Terms of the transaction were not disclosed. The transaction is not expected to have a material financial impact on Flagstar.
News For FBC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 26, 2016
06:33 EDTFBCFlagstar Bancorp reports Q4 EPS 44c, consensus 43c
Reports Q4 book value per share $22.33. Reports Q4 Tier 1 capital ratio 18.98%. Reports !4 net charge-offs 0.62%.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use