Flagstar To Pay $105M To End Assured's MBS Suit

By Daniel Wilson · June 21, 2013, 7:47 PM EDT

Flagstar Bancorp Inc. has agreed to pay $105 million and take responsibility for future claims to end Assured Guaranty Municipal Corp.'s New York federal court suit alleging Flagstar had misrepresented home...

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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