PDA

View Full Version : Feds sue mortgage broker, alleging lending fraud - Wall Street Journal



FraudNews
11-01-2011, 04:34 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEzXPOLpYkBMxsImzdBHc cTNUUgOwamp;url=http://online.wsj.com/article/APb1f3fa8425ed4a769897b213715509ae.htmlbFeds sue mortgage broker, alleging lending bfraud/b/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal/font/b/fontbr /font size=-1It says the company committed lending bfraud/b as the government was paying $834 million in insurance claims. The lawsuit was filed Tuesday in federal court in Manhattan against Allied Home Mortgage Capital Corp. The lawsuit says a decade of quot;concealed b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFO_B20Oer2y769gWbnn2 dsciCdtQamp;url=http://www.reuters.com/article/2011/11/01/alliedhomemortgage-fraud-lawsuit-idUSN1E7A010A20111101US sues Allied Home Mortgage for lending bfraud/b/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=diPokrpa8XM1mpMcQQc7 Hrjm6qMIMnobrball 12 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNEzXPOLpYkBMxsImzdBHccTNUUgOw url=http://online.wsj.com/article/APb1f3fa8425ed4a769897b213715509ae.html)