Lennar subsidiary Eagle Home Mortgage fined $13.2 million for FHA lending violations

Lennar subsidiary Eagle Home Mortgage fined .2 million for FHA lending violations
It appears the False Claims Act ain’t dead yet. The Department of Justice announced Friday that it reached a $13.2 million settlement with Universal American Mortgage Company, the mortgage subsidiary of Lennar that does business as Eagle Home Mortgage, to resolve allegations that the lender violated the False Claims Act by falsely certifying that it complied with FHA lending standards.
Source: https://www.housingwire.com/rss