FDIC
The FDIC Ups the Ante in Its Failed Bank Litigation
The FDIC has now taken over more than 250 failed banks since January 1, 2008. As the receiver for these failed banks, the FDIC has filed over 160 lawsuits against mortgage brokers, title companies, attorneys, appraisers, borrowers and other parties it blames for the banks’ losses. So far, the stakes Read more…