Flagstar bank pays $133M to settle mortgage fraud - Wall Street Journal

[FraudNews]

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-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFhgpGauiEvpjGqsSEzhf IoJ08JRQamp;url=http://www.mlive.com/news/detroit/index.ssf/2012/02/flagstar_pays_133m_to_settle_m.htmlimg src=//nt0.ggpht.com/news/tbn/sGG42QIQXP1W1M/0.jpg alt= border=1 width=80 height=52 /br /font size=-2MLive.com/font/a/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=AFQjCNGBUpK-xN0CEKwJiBUN2nFDbHPMygamp;url=http://online.wsj.com/article/APeda75de11b8f4ff4a007b817d21a51c8.htmlbFlagstar bank pays $133M to settle mortgage bfraud/b/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal/font/b/fontbr /font size=-1AP TROY, Mich. — 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-based b.../b/fontbr /font size=-1a 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-millionFlagstar mortgage bfraud/b lawsuit settled for $133 million/afont size=-1 color=#6f6f6fnobrDetroit Free Press/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=dOdCTpq6pCAQMWMTp8g4 ENJu_OWRMnobrball 141 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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