Quicken Loans to pay $32.5M to settle lawsuit over bad loans

DETROIT (AP) – Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages.

After years of legal haggling, Quicken Loans has agreed to pay $32.5 million to resolve a case brought by the federal government accusing the big mortgage lender of fraud relating to FHA-mortgages.

DETROIT (AP) – Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages. The deal was disclosed Friday, and the case was dismissed by a Detroit federal judge.

Quicken Loans to pay $32.5M to settle lawsuit over bad loans DETROIT (AP) – Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages.

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Quicken Loans has agreed to pay $32. 5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages. crain’s Detroit Business says the agreement.

"Quicken Loans to Pay $32.5M to Settle Lawsuit Over Bad Loans," Associated Press (June 14, 2019) and "Quicken Loans to Pay $32.5 Million to Resolve Mortgage Suit," detroit free press (june 14, 2019)

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Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages.

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Are fha loans bad Quicken Loans to pay $32.5M to settle lawsuit over bad loans – DETROIT (AP) – Quicken Loans has agreed to pay $32.5 million to settle a lawsuit that accused the company of fraudulently sticking the government with bad mortgages. Quicken will remain in the FHA. Whether a borrower had bad credit, good credit.