Movement Movement Has Settled With The Feds For $24 Million Over Allegations Of Underwriting Fraud On Government Loans Movement Mortgage has settled with the federal government for $23.75 million. The settlement is came after the government accused the lender of underwriting fraud. The government alleged movement improperly originated and underwrote mortgages insured by FHA and […]
loanDepot Is Suing Movement Mortgage In Delaware Federal Court For Poaching Loan Officers loanDepot is suing Movement Mortgage In Federal Court. The company is accusing competitor Movement Mortgage of damaging its business by poaching it’s employees. The company alleges Movement Mortgage poached over 25 employees in three months. Thus, loanDepot found itself “effectively crippling” with “now-depleted” branches. […]
AIME Accuses Quicken Loans And Other Major Retail Lenders Of Scamming Veterans On VA Loans The mortgage trade group AIME is claiming that Quicken Loans and other lenders are taking advantage of VA borrowers. Association of Independent Mortgage Experts CEO Anthony Casa alleges lenders are overcharging them for their mortgages. and overcharging them for their […]
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