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Abacus Bank Swept Up in Mortgage Fraud Charge
A bank and 19 of its former employees allegedly falsified mortgage documents to get hundreds of millions of dollars in loans from Fannie Mae.
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DOJ, States Reach $25 Billion Mortgage Settlement
The Department of Justice and 49 state attorneys general have reached a $25 billion settlement with the country’s five largest mortgage lenders: Bank of America, JP Morgan Chase Co., Wells Fargo & Company, Citibank, and Ally Financial (formally GMAC).
|
Abacus Bank Swept Up in Mortgage Fraud Charge
A bank and 19 of its former employees allegedly falsified mortgage documents to get hundreds of millions of dollars in loans from Fannie Mae.
|
DOJ, States Reach $25 Billion Mortgage Settlement
The Department of Justice and 49 state attorneys general have reached a $25 billion settlement with the country’s five largest mortgage lenders: Bank of America, JP Morgan Chase Co., Wells Fargo & Company, Citibank, and Ally Financial (formally GMAC).
|