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Violation Tracker Individual Record

Company: SunTrust Mortgage, Inc.
Current Parent CompanyTruist Financial
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $65,000,000
Year: 2013
Date: September 30, 2013
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Mega-ScandalToxic Securities
Violation Description: Freddie Mac announced a settlement with SunTrust Mortgage concerning representations and warranties on single-family loans sold to Freddie Mac.
Level of Government: federal
Action Type: agency action
Agency: Freddie Mac
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.