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Thursday, June 13, 2024 | Back issues
Courthouse News Service Courthouse News Service

Mortgage Meltdown

BIRMINGHAM, Ala. - The FDIC, as receiver for Colonial Bank, claims PriceWaterhouseCoopers and Crowe Horwath, auditors, missed a $1+ billion mortgage fraud by Colonial's biggest customer, Taylor Bean & Whitaker Mortgage Corp., in Federal Court.

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