Quicken Loans Throws In The Towel And Agrees To Settle DOJ’s False Claims Act Lawsuit For $32.5 Million Quicken Loans and Dan Gilbert did something Gilbert claimed they would never do. They caved to the government. They agreed t0 settle with the government over Quicken Loans FHA lending practices. Quicken has agreed to pay the […]
Massachusetts Courts Have Given The Green Light To A New FHA Foreclosure Defense Strategy FHA foreclosure defense is easier than conventional foreclosure defense because the FHA lending rules are codified. This means that that the United States Congress has voted on it and made it law. However, that doesn’t make the process of saving your home any […]
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. […]
Dan Gilbert Pretends He Is The Little Engine That Could By Repeating “I think I can! I Think I can!” In FHA Lawsuit Dan Gilbert and Quicken Loans filed a preemptive lawsuit against FHA in April of last year. The strategy of this was to thwart the DOJ from filing a False Claims Act lawsuit against […]
Dan Gilbert’s Legal Trickery Blows Up In His Face. Federal Judge Smacks Down Quicken Loans Preemptive Lawsuit Against DOJ The preemptive lawsuit filed Quicken Loans 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 […]
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