NY judge finds Flagstar liable for $90 mln in mortgage case
Tue Feb 5, 2013 11:27pm EST
* U.S. judge orders Flagstar to pay Assured Guaranty $90.1 million
* Lawsuit focused on quality of loans in mortgage-backed securities
* Assured had sought $116 million
* Flagstar says will appeal the ruling
By Nate Raymond
NEW YORK, Feb 5 (Reuters) - Flagstar Bancorp Inc was ordered on Tuesday to pay $90.1 million to bond insurer Assured Guaranty Ltd in a contract dispute over loans underlying $900 million in mortgage-backed securities.....