The government accused the mortgage company of falsely certifying loans for the FHA insurance program
Loosening underwriting standards may cause trouble
The Justice Department says Gateway Funding, which was acquired by FAM in 2015, bilked HUD on FHA-insured loans
Metro areas impacted by natural disasters have experienced an upward spike in delinquency rates
The company expects to pay approximately $60 million in cash for the purchase
Effects of a larger rent burden are more extreme in already unaffordable areas
Steven Patrick previously served as a strategic adviser to regional and community banks
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