June 26, 2014
A Pennsylvania federal judge on Thursday tossed a proposed class action accusing Flagstar Bancorp Inc. and several mortgage insurers of masterminding a long-running, multimillion-dollar kickback scheme, finding the claims are time-barred under the Real Estate Settlement Procedures Act.
May 21, 2012
Flagstar Bank FSB and several mortgage insurers were hit Friday with a putative class action claiming they took part in a long-running, multimillion-dollar kickback scheme, the latest in a string of similar suits.