Taylor Bean Whitaker Trustee Seeks More Than $23M Reduction Of HUD, FHA Claim

Taylor Bean Whitaker Trustee Seeks More Than $23M Reduction Of HUD, FHA Claim

JACKSONVILLE, Fla. - The plan trustee in the Chapter 11 bankruptcy of mortgage lender Taylor Bean & Whitaker Mortgage Corp. (TBW) on Dec. 18 moved in the U.S. Bankruptcy Court for the Middle District of Florida for approval of a settlement that would reduce the joint claim that two federal housing agencies made against the bankruptcy estate to $18,690,992.09 (In Re: Taylor Bean & Whitaker Mortgage Corp., No.09-07047, Chapter 11, M.D. Fla. Bkcy.).

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