Monday, September 29, 2014

Consumer Agency Penalizes Flagstar Bank Over Mortgage Servicing by JESSICA SILVER-GREENBERG



By JESSICA SILVER-GREENBERG


In its action against Flagstar Bank is a harbinger of others that could be brought under new mortgage servicing guidelines, after the Consumer Financial Protection Bureau outlined how the bank strung along borrowers for months only to wrongfully deny them loan modifications.


Published: September 29, 2014 at 4:00AM


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