Flagstar Pays $133M to Settle Mortgage Fraud

admin —  February 27, 2012 — Leave a comment

MLive.com TROY, Michigan (AP) — Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices. The US government said in a release Friday it filed and settled a civil lawsuit against the Troy, …Flagstar mortgage fraud lawsuit settled for $133 million Detroit Free Pressall 172 news articles »

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Source: Mainichi Daily News


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