Quicken sued by feds over home loans – CNNMoney


CNNMoney

Quicken sued by feds over home loans
CNNMoney
The FHA, a government agency, insures mortgages to help banks lend to buyers who might not be able to get loans otherwise. In turn, banks that issue FHA-backed loans must certify that the borrowers meet certain criteria to minimize the risk of default.
Fed's lawsuit claims Quicken approved 'hundreds' of bad FHA mortgages WDIV Detroit
DOJ Sues Quicken Loans Over Improperly Underwritten Mortgages The Consumerist
Quicken Loans approved bad mortgages just to make money, government says ... cleveland.com
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