FBR Group, Inc. Seeks Return of Agency Mortgage Security

Friedman, Billings, Ramsey Group, Inc. issued the following statement this morning: Various articles have been published recently regarding the attempt by Friedman, Billings, Ramsey Group, Inc. (FBR Group) to have an agency mortgage security with a face amount of $250 million returned to it under a repurchase agreement maintained with Lehman Brothers, Inc. (LBI). The lawsuit was brought by FBR Group, a publicly traded REIT and not by FBR Capital Markets...