Mortgage company Academy Mortgage Corporation (Academy), based in Draper, Utah, has agreed to pay $38.5 million to resolve allegations it violated the False Claims Act by improperly originating and underwriting mortgages insured by the Federal Housing Administration (FHA). Source -...
IRVINE, Calif., Dec. 21, 2022 /PRNewswire/ -- In a significant legal victory for loanDepot ("LDI") (NYSE: LDI), the United States District Court for the Northern District of Illinois (the "Court") yesterday granted LDI a preliminary injunction against CrossCountry Mortgage, LLC and six former loanDepot employees now...
