© Copyright 2012, vLex. All Rights Reserved.
- Language
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
NEW YORK (Reuters) - Bond insurer Assured Guaranty sued Flagstar Bancorp seeking more than $100 million in damages, alleging that the Midwestern bank breached warranties on home equity loan securities it had insured, court documents showed. Banks provide "representations and warranties" on securitizations which state that the loans underlying the securities were issued in line with underwriting standards and all documentation regarding the loans is complete.
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company