UK lender Lloyds Banking Group PLC said Monday that it will “robustly defend the group’s position” if it is sued by shareholders over its acquisition of ailing mortgage lender HBOS PLC at the height of the financial crisis in 2008.
Lloyds to ‘robustly defend’ position if sued over HBOS buy
Most Popular Articles
Latest Articles
Pennymac posts first-quarter profit of $39M
Loan production income shrank in the first quarter, but the company’s servicing business continues to grow
-
DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
-
Top Producer Review: Features, pricing & alternatives
-
A&D Mortgage names new servicing manager
-
HUD aims to help protect communities from extreme heat
-
Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products