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Mortgage Broker Webster Webster Bank Halts Foreclosures – Housing and Mortgage News – · Webster Bank Halts Foreclosures. The latest is Waterbury, Conn.-based Webster Bank, N.A., a subsidiary of Webster Financial Corporation (WBS), which on Thursday announced a 90-day moratorium on foreclosures for mortgages owned by the bank, and an expansion of mortgage assistance programs aimed at keeping families in their homes.
The complaint alleges, among other things, that the offering documents did not accurately reflect the company’s true financial condition, because the defendants had failed to appropriately write-down.
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Banks Set For £2.5billion Meltdown – BRITISH banks are about to take a £2.5billion hit each because of America’s mortgage scandal. The total bill for the. The figures come from Deutsche Bank AG, who say the largest brokers and banks.
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