2008-12-16thetruthaboutmortgage.com

As if things couldn’t get any worse for BankUnited, its stock trading at a mere 32 cents, its regulator demanding it raise a hefty amount of capital, and now this.

The Coral Gables, Florida-based bank and mortgage lender was the victim of what they say was a fake press release, involving a handful of companies claiming to be working with BankUnited on loan modifications.



Comments: Be the first to add a comment

add a comment | go to forum thread