SunTrust Financial continues a suing spree
SunTrust Mortgage, based for the Manchester, has recorded those litigation over the past 18 months when you look at the a journey to recover millions of dollars out-of small firms that offered money so you can SunTrust you to definitely went bad.
Just what the audience is watching is actually a beneficial microcosm away from the thing that was going on from the mortgage community, told you Kevin Funk, a lawyer having Richmond firm DurretteCrump who’s got defended alot more than several mortgage lender defendants in such cases. You start with easy money. Your flake out your own standards. Today the audience is enjoying this new fall-out.
SunTrust Home loan have recorded more than 100 serves in East District Government Legal in Richmond. No less than 50 was in fact registered when you look at the Henrico County Routine Legal because middle-2011.