Flagstar pays $133m to settle mortgage fraud - Arab News

[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=AFQjCNFrlTEaIBDQATzNwXozHZ unxc3qXgamp;url=http://arabnews.com/economy/article580247.ecebFlagstar pays $133m to settle mortgage bfraud/b/b/abr /font size=-1bfont color=#6f6f6fArab News/font/b/fontbr /font size=-1By AP TROY, Michigan: 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, b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH24cxDp_c5drVC3svL1n e2hYLWZwamp;url=http://www.lansingstatejournal.com/article/20120226/BUSINESS/302260149/Flagstar-Bank-settles-fraud-claims-133M?odyssey%3Dmod%257Cnewswell%257Ctext%257CFRONT PAGE%257CsFlagstar Bank settles bfraud/b claims for $133M/afont size=-1 color=#6f6f6fnobrLansing State Journal/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=dESGJx4_oi8-cQMVfEsGHVL8Wj9SMnobrball 172 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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