10-Q: Regions Financial Receive Investigative Request From FHFA Inspector General

by Paul Quintaro, Benzinga Editor
November 5, 2014 1:34 PM | 13 seconds read |

BZ NOTE:

  • Says Request Was Received In Sept.
  • Estimates Possible Legal Loss In Q2 Up To $180M
  • Request Looks At Mortgage Origination, Underwriting Quality Control Practices
  • Loans Under Review Were Sold To Fannie Mae And Freddie Mac
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