UPDATE: MBIA Announces Settlement with Flagstar Bank
May 02, 2013 at 16:53 PM EDT
MBIA (NYSE: MBI ) (the Company) today announced that its wholly-owned subsidiary, MBIA Insurance Corporation (MBIA Corp.) has entered into an agreement (the Settlement Agreement) to settle the lawsuit filed by MBIA Corp. on January 11, 2013 against Flagstar Bank and certain affiliated entities (Flagstar). The lawsuit related to