Regions Financial, Alabamas biggest bank, received a subpoena from the U.S. Department of Housing and Urban Development tied to the origination of mortgages backed by the Federal Housing Administration.
The lender is cooperating with the inquiry and expects the outcome of pending and threatened litigation and inquiries will not have a material effect, the Birmingham-based company said today in a quarterly filing.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access