Flagstar mortgage fraud lawsuit settled for $133 million - Detroit Free Press

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table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNECvKF_xmTc4qhy3Pktbj ivSdpAzQamp;url=http://www.freep.com/article/20120225/BUSINESS06/202250406/Flagstar-mortgage-fraud-lawsuit-settled-for-36-133-millionbFlagstar mortgage bfraud/b lawsuit settled for $133 million/b/abr /font size=-1bfont color=#6f6f6fDetroit Free Press/font/b/fontbr /font size=-1By Katherine Yung The US government announced Friday that it had reached a $133-million settlement with Troy-based Flagstar Bank that resolves a civil bfraud/b lawsuit accusing the bank of fraudulent mortgage lending practices. The lawsuit, filed by the b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGAZUIVnR4sU4eI9vGiY9 QO_vbkTgamp;url=http://www.forbes.com/sites/nathanvardi/2012/02/24/david-matlins-big-bank-disaster-continues/David Matlin#39;s Big Bank Disaster Continues: Flagstar Settles Mortgage bFraud/b b.../b/afont size=-1 color=#6f6f6fnobrForbes/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHPLDEm1sqmtYZLv0lHrn 8UUbZUnAamp;url=http://www.americanbanker.com/syndication/flagstar-mortgage-insurance-department-of-justice-1046941-1.htmlFlagstar to Pay Up to $132.8M Over Mortgage Charges/afont size=-1 color=#6f6f6fnobrAmerican Banker (subscription)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dTp8g4ENJu_OWRMWbQ0I NGyXIvgLMnobrball 35 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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