These 12 Cities Have The Highest FHA Loan Denials For Minorities In The United States FHA loan denials increased across the board after the housing crash. As a result, they remain higher than they were 20 years ago. The proportion of FHA denial rates for white and black applicants has narrowed over the past 20 years.
Quicken Loans Fraud On FHA Loans Is Costing Florida Dad With 4 Kids His Home Adam Dean thought he and his four kids were safe in their home when his girlfriend walked out. Now she is trying to evict them from the home and she’s using Quicken Loans fraud as her weapon of choice. The
Quicken Loans Fraud Costs Single Dad With 4 Kids His Home Read Post »
Dan Gilbert’s Legal Trickery Blows Up In His Face. Federal Judge Smacks Down Quicken Loans Preemptive Lawsuit Against DOJ The Quicken Loans preemptive lawsuit against the Department of Justice and HUD blew up in Dan Gilbert’s face. U.S. District Judge Mark A. Goldsmith rejected Quicken’s arguments for the suit. Quicken Loans was attempting to stop
Quicken Loans Preemptive Lawsuit In FCA Case Tossed Read Post »
The DOJ’s False Claims Act Suit Could Force Quicken Loans To Give Up FHA The legal battle between Quicken Loans and the DOJ may drive Quicken out of FHA lending. The DOJ’s alleges that Quicken knowingly submitting hundreds of fraudulent loans insured by the Federal Housing Administration Quicken Loans owner Dan Gilbert had several of his infamous Veruca
False Claims Act Suit May Force Quicken Out of FHA Read Post »
Quicken Loans Faces Losing Billions Of Dollars If Found Liable Under False Claims Act Detroit-based Quicken Loans has been sued by the DOJ today under the False Claims Act. The DOJ alleges that Quicken bullied appraisers to receive higher values for applicants. They also allege underwriting managers encouraged underwriters to “fudge” the incomes of hundreds
US DOJ Sues Quicken Loans Under False Claims Act Read Post »
