Tag Archives: Lawsuit

Flagstar mortgage fraud lawsuit settled for $133 million

Flagstar mortgage fraud lawsuit settled for 3 million By Katherine Yung The US government announced Friday that it had reached a $ 133-million settlement with Troy-based Flagstar Bank that resolves a civil fraud lawsuit accusing the bank of fraudulent mortgage lending practices. The lawsuit, filed by the … Read more on Detroit Free Press Wells [...]

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Rogers was owner of property at center of lawsuit

Rogers was owner of property at center of lawsuit ATLANTA — State Senate Majority Leader Chip Rogers has amended his state disclosure forms to reflect his past membership in a company that now is at the center of a lawsuit over a troubled bank loan. Read more on Chattanooga Times Free Press

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NAACP Ends Mortgage Lawsuit Against Wells Fargo

NAACP Ends Mortgage Lawsuit Against Wells Fargo CHARLOTTE, N.C. (AP) — The NAACP is ending its lawsuit against Wells Fargo that alleged the bank was forcing blacks into subprime mortgages while whites with identical qualifications got lower rates. Read more on BlackNews.com

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