Flagstar Atty Grills Witness On Loan Review In $1B MBS Trial

By Jake Simpson (October 15, 2012, 7:18 PM EDT) -- A mortgage risk consultant who testified that Flagstar Bank FSB's loan underwriting practices were widely flawed was grilled about her methodology in New York federal court Monday in an insurer's contract suit over nearly $1 billion in mortgage-backed securities issued by Flagstar....

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