Posted inBusiness

US, SunTrust Announce Nearly $1B Settlement

ERIC TUCKER, Associated Press WASHINGTON (AP) โ€” SunTrust has agreed to pay nearly $1 billion to resolve allegations that it underwrote and endorsed faulty mortgage loans, the Justice Department announced Tuesday. The $968 million settlement, reached with the Justice Department and other government agencies, will include money for homeowner relief and a requirement that the […]

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