How Flagstar Encourages Fintech Entrepreneurs – And More [Forbes]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Forbes
It has around 90 private banking teams in over 10 cities in the metropolitan New York City area and on the West Coast. It serves the needs of high-net worth individuals and their businesses. Flagstar's Ashwin Mago Flagstar All good, but one of the most interesting things that Flagstar does is manage the “ MortgageTech Accelerator ” program which according to Ashwin Mago (who heads the program), finds “talented fintechs that innovate across the entire mortgage lifecycle. The ideal outcome is to mentor founders during the program and establish a commercial relationship with the fintechs once the program concludes.” By Any Other Name When I first learned about the program I was intrigued for several reasons. First, I was intrigued because of its similarity to what corporate venture capital (CVC) funds often do. I was also intrigued because of the program's similarity to traditional incubators, and especially accelerators like the well-known Y Combinator. But as I explored the p
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News
- Mortgage and refinance rates today, October 4, 2024: Rates fall 1.37% in a year [Yahoo! Finance]Yahoo! Finance
- Mortgage rates inch higher [Yahoo! Finance]Yahoo! Finance
- Mortgage rates inch higher [FOX Business Network]FOX Business Network
- Average rate on a 30-year mortgage in the U.S. ticks up to 6.12%, first increase in 7 weeks [Yahoo! Finance]Yahoo! Finance
- Fall in mortgage rates stall, but backdrop for homebuyers improving [Seeking Alpha]Seeking Alpha
FMCC
Sec Filings
- 10/1/24 - Form ABS-15G
- 9/24/24 - Form ABS-15G
- 9/17/24 - Form 3
- FMCC's page on the SEC website