(Reuters) - AIG's agreement with the Office of Thrift Supervision covers mortgages made by one of its units -- Wilmington Finance Inc. -- between July 2003 and May 2006.
The OTS said the AIG unit responsible for Wilmington Finance "failed to manage and control the mortgage lending activities outsourced to WFI in a safe and sound manner," but had taken steps to improve.
Read more at Reuters.com Business News
The OTS said the AIG unit responsible for Wilmington Finance "failed to manage and control the mortgage lending activities outsourced to WFI in a safe and sound manner," but had taken steps to improve.
Read more at Reuters.com Business News
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