Search for: "Flagstar Bank" Results 1 - 20 of 66
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30 Sep 2014, 6:51 am by Adam Levitin
The CFPB entered into a Consent Order with Flagstar Bank regarding its default mortgage servicing practices. [read post]
22 Jan 2013, 7:08 am by Editorial Board
On January 11, monoline insurer MBIA Insurance Corp. sued Flagstar Bank and its affiliates for breach of contract in the United States District Court for the Southern District of New York. [read post]
7 May 2013, 2:06 pm by Editorial Board
On May 2, MBIA Insurance Corporation announced that it reached a settlement with Flagstar Bank in its lawsuit arising out of $1 billion in Flagstar-sponsored MBS that MBIA insured. [read post]
27 Jul 2011, 12:02 pm by Brian Baxter
The firm is advising financial services giant PNC on its plans to acquire 27 branches in Atlanta from Flagstar Bank, and private equity firm NBH on its agreement to purchase deposits of a failed Colorado bank. [read post]
11 Feb 2013, 6:55 am by Editorial Board
On February 6, Judge Rakoff of the Southern District of New York ruled in favor of monoline insurer Assured Guarantee Municipal Corp. against Flagstar Bank FSB after presiding over a bench trial seeking damages for breach of loan-level representations and warranties. [read post]
7 Jul 2023, 11:49 am by Race to the Bottom
(“Flagstar”) for Flagstar to buy substantially all deposits and certain loan portfolios of Signature Bridge Bank. [read post]
1 Dec 2009, 1:28 am by staff@mortgagefraudblog.com
Antonio English brought a civil action against Flagstar Bank, MERS, and Schneiderman & Schneiderman, P.C. claiming violations of state and federal law arising out of a home foreclosure, despite the fact that he had failed to make his house payments. [read post]
25 Sep 2015, 1:02 pm by Rachel Dollar
Franchesco Franco, 34, a former mortgage loan originator, Providence, Rhode Island, pleaded guilty in federal court to conspiracy to commit bank fraud for his participation with a local real estate attorney and others in a scheme to defraud Flagstar Bank, by filing a fraudulent mortgage loan application and supporting documentation in the name of a […] The post Loan Officer Pleads Guilty and Appraiser Identity Theft Charged appeared first on Mortgage Fraud Blog. [read post]
9 Jan 2007, 9:08 pm
In March 2005 the company filed a patent suit in New Jersey against Flagstar, a $16 billion savings bank based in Michigan. [read post]
2 Apr 2013, 12:29 pm
Michigan Avenue and PNC Bank at 3175 West Clark Road, both in Ypsilanti Township; America 1 Credit Union and a Citizens Bank both in Jackson, and Comerica Bank and Flagstar Bank in Ann Arbor. [read post]
19 May 2011, 10:00 am
" After a foreclosure complaint was filed, "Nudel moved to dismiss the complaint, arguing that Flagstar lacked standing because MERS did not assign the bank the mortgage until after the bank filed the complaint. [read post]
21 Aug 2013, 12:00 pm by Pierre Bergeron
Flagstar Bank, the Sixth Circuit sought to provide some guidance on that question. [read post]
10 Dec 2010, 6:29 am by Stanley D. Baum
In January 1996, Flagstar Bank entered into a contract with BCBSM, under which BCBSM agreed to provide claims-processing and other administrative functions for the Plan-presumably a traditional plan-in return for a fee. [read post]
15 Oct 2014, 6:08 am by Matthew Orso and Joshua Davey
In a consent order issued against Flagstar Bank, F.S.B., the CFPB cited multiple legal violations by Flagstar in its default servicing practices, all in the area of loss mitigation. [read post]