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mortgage Ex-Parent of colonial bank sues bb& T for Return of $300 Million WINSTON-SALEM, N.C., July 20, 2017 /PRNewswire/ – BB&T Corporation BBT, –0.16% today reported earnings for the second quarter of 2017. Net income available to common shareholders was a record $631.Old mortgage bonds at the heart of the 2008 global financial market crisis are on the road to becoming extinct.
Bay Pines VA Healthcare System provides health care services to veterans in west central and southwestern Florida. Ex-Parent of Colonial Bank Sues BB&T for Return of $300 million whittle argued that BB&T’s maximum recovery in chapter 7 would have been $2.2 million, the amount of BB&T’s claim at the time of foreclosure.
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· Ex-Parent of Colonial Bank Sues BB&T for Return of $300 Million Colonial BancGroup Inc. is suing BB&T Corp., which took over Colonial Bank after it was seized by regulators, to recover some $300 million in preferred stock in a real estate investment trust that it says was wrongly transferred BB&T, Dow Jones Daily Bankruptcy Review reported today.
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