Wholesaler/Retailer Picks Appraisal Firm

Flagstar Bancorp, one of the nation's largest residential wholesalers, has picked StreetLinks National Appraisal Services as one of its preferred vendors.The Indianapolis-based vendor will offer evaluation services to Flagstar's retail branches as well as its brokers and correspondents. SLNAS says it is compliant with the new Home Valuation Code of Conduct (HVCC) which governs appraisal practices. Flagstar, which according to the Quarterly Data Report ranks ninth overall in residential fundings, is based in Troy, Mich.

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