February 06, 2013 at 04:10 AM EST
Mortgage Putback Ruling Could Slam Banks (FBC, AGO, MBI, JPM, CS, BAC)
DailyFinance.com : A federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer Assured Guaranty Ltd. (NYSE: AGO) in a mortgage "putback" case. The amount may be relatively small, but the impact could be ... Read more
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