Another Bank to Pay in Defaulted Mortgage Lawsuit 1318

Premises liability is another area of San-Diego-Personal-Injury-attorney.com

Flagstar Bancorp Inc. has announced it will pay $110 million to settle a lawsuit over the misrepresentation of quality loans. San-Diego-Auto-Accident-lawyer.com The suit was filed by a bond company that had agreed to insure some of Flagstar’s mortgage-backed transactions, but the mortgage defaults mounted, and the plaintiff ended up paying out $165 million on the transactions. San Diego personal injury attorney

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