Fremont General Corporation News

News on Fremont General Corporation continually updated from thousands of sources around the net.

Sunday Jun 14 | InvestmentNews

Mass. AG announces $10M settlement with firm for originating 'liar's loans'

The Massachusetts attorney general's office has entered into a $10 million settlement with Fremont Investment & Loan and its parent, Fremont General Corp., both of Brea, Calif., to resolve claims that the firm sold some 15,500 loan products that it allegedly knew would fail.

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Related Topix: Financial Services, Boston Metro

Fri Jun 12, 2009

Los Angeles Business Journal Online -...

Insurance Suits Settled for $37 Million

State insurance regulators announced Friday they have settled four lawsuits stemming from the 2003 failure of Glendale workers' compensation insurer Fremont Indemnity Co.

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Related Topix: Financial Services

Thu Jun 11, 2009

ConsumerAffairs.Com

Massachusetts Settles Predatory Lending Charges For $10 Million

Fremont Investment & Loan and its California-based parent, Fremont General Corporation, have settled predatory lending allegations in Massachusetts.

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Related Topix: Financial Services, Foreclosures, Home, Mortgage

Tue Jun 09, 2009

Miami Herald

Massachusetts settles with mortgage lender

A bankrupt California-based subprime mortgage lender has agreed to pay $10 million to settle allegations of unfair practices that contributed to the current spike in Massachusetts home foreclosures.

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