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DOJ: Lending giant lied about FHA-backed loans

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Mortgage Professional America | 24 Apr 2015, 07:00 AM Agree 0
The Department of Justice is suing one of the nation's biggest lenders, alleging the company lied to the government
  • Mortgage Guy | | 24 Apr 2015, 10:20 AM Agree 0
    My how the plot thickens! The next President of the MBA is in a lawsuit with the DOJ because they thought HUD was coming after them. The court case will reveal what is really happening, but I am not ready to cheer for a lender that may be dirty.
  • Cheryl M | | 24 Apr 2015, 01:31 PM Agree 0
    No Cheers here either! Did they forget the steering charges; last I knew steering customers in the lending industry was frowned upon. Like when they corner consumers into going with their (Quickens) Real Estate company In-House Realty LLC. The get the whole "home run!" A piece of the mortgage, a piece of the real estate and commission from the attorney resources and title work, etc. WOW did the DOJ forget something....?
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