Witness In $1B MBS Trial Calls Flagstar Underwriting Spotty

By Jake Simpson · October 12, 2012, 7:57 PM EDT

The head of a mortgage risk consulting firm testified Friday in an insurer's contract case against Flagstar Bank FSB that the underwriting process for the loans behind roughly $1 billion in...

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Case Information

Case Title

Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB et al

Case Number

1:11-cv-02375

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

April 07, 2011