Flagstar FSB
Fraud

I worked to get a mortgage business - administration, not really a agent - and we put many loans with Flagstar. It was throughout the heyday of sub prime financing. Their "quality-control" people determined some of the loans did not fulfill their requirements (like they've any) plus they required we get them back. I came across a "poor document" investment company which stated they'd be very happy to consider them, and so I approached Flagstar and stated ok we will acquire them. They'd confronted people with a variety of appropriate activity if we did not. Their Workplace of General Counsel published back and stated - "Oh, sorry. We-don't possess them, therefore we can not offer them for you." Then they submitted crimminal charges from the organization along with a civil suit against our leader. Your E&O insurance resolved the civil case.in a plea deal our leader settled them back with "restitution." Plus they had already bought them. Today they're sueing the negotiation organization and Stewart Name. I've noticed from the handful of resources the SEC is considering these men - obviously permanently cause. I really hope the NY Attorneygeneral does exactly the same. (They're publicly traded). If this is not scam I actually donot understand what is. Exist additional agents available who're getting shafted by these scumbags? Perhaps we're able to perform a class action suit against them? Pennsylvania has multiple problems when scam is concerned.

Company: Flagstar FSB
Country: USA
State: Pennsylvania
City: Pittsburgh

  <     >