Dallas-based mortgage servicing software provider OrangeGrid announced on Thursday that Flagstar Bank has implemented its mortgage servicing software to “manage its loss mitigation processes and enhance internal efficiencies.”

“OrangeGrid is good news for Flagstar’s borrowers because it means a faster review for them  and a more timely return to a performing status for their loan,” Todd Mobraten, CEO and founder of OrangeGrid, said in a statement.

OrangeGrid’s operating system, which claims to have a low-code/no-code architecture, will aim to provide Flagstar the tools needed to improve compliance, track internal staffing metrics, turn time reporting on loss mitigation requests and audit records for details ⇒

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