The government accused the mortgage company of falsely certifying loans for the FHA insurance program
Loosening underwriting standards may cause trouble
Ponying up for down payments may vary from state to state
But homes are not getting cheaper, report warns
The trend suggests homeowners "may not have their finger on the pulse of home value changes"
Additional costs apply to borrowers with lower credits
U.S. Bank and Mountain America Credit Union customers have reportedly used the app
The deal is expected to close in the second or third quarter of this year