Taylor, Bean & Whitaker Mortgage’s lawyers said in court papers last week that a "bankruptcy filing is imminent" for the company, the 12th-largest mortgage lender in the United States, after it was forced to shut down mortgage lending operations.. In court papers filed on Aug. 6, in United States District Court for the Northern District of West Virginia, lawyers for Taylor, Bean said.
· The trustee overseeing the bankruptcy of Taylor Bean & Whitaker Mortgage Corp. filed a lawsuit Monday against Deloitte & Touche LLP, saying the firm’s “grossly negligent audits” contributed to the mortgage lender’s collapse. The trustee’s lawsuit and a second action, filed against Deloitte on Monday by a taylor bean subsidiary known as Ocala Funding, seek a total of at least.
Government regulators say Taylor, Bean & Whitaker Mortgage Corp., the Florida mortgage lender that filed for bankruptcy last week, is holding hundreds of thousands of homeowners "hostage" by refusing.
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The bankruptcy trustee for Taylor Bean & Whitaker Mortgage Corp., once the 12th-largest U.S. mortgage lender, sued PwC for $5.5 billion in damages in 2012 after the bank went bankrupt in August 2009.
Taylor, Bean & Whitaker Mortgage Corp. 4901 Vineland Road, Ste 120 Orlando, FL 32811 MARION-FL Tax ID / EIN: 59-3069391 : represented by Edward J. Peterson, III Stichter, Riedel, Blain & Postler, P.A. 110 East Madison Street, Suite 200 Tampa, FL 33602 (813) 229- 0144 Fax : (813) 229-1811 Email: [email protected] amy denton harris
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· At the end of March, hours before a deadline set by regulators to boost its capital and stay eligible for TARP, Colonial announced that it had reached an agreement under which Taylor Bean & Whitaker, an Ocala, Fla., mortgage lender, would inject the $300 million Colonial needed.
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The stunningly quick collapse of mortgage lender Taylor, Bean & Whittaker is over, with the only logical and possible conclusion: bankruptcy. The Florida mortgage lender, which in the January – June period was the 12th largest mortgage lender filed for bankruptcy in Middle District of Florida (case 09-07047).
Freddie Mac soon became Taylor Bean’s biggest customer. Once the 12th-largest U.S. mortgage. loans insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs..