Home » GSEs » What We’re Hearing: Quicken Settles FHA Case with Uncle Sam / Ditech’s Unsecured Creditors (Pain) / GSE Irony 101 / Interest Rates Falling: Watch Out Below / Called Home Early / MSR Carnage? / Getting Well / The Most Cyclical Business in the Universe
What We’re Hearing: Quicken Settles FHA Case with Uncle Sam / Ditech’s Unsecured Creditors (Pain) / GSE Irony 101 / Interest Rates Falling: Watch Out Below / Called Home Early / MSR Carnage? / Getting Well / The Most Cyclical Business in the Universe
Quicken Loans signed a $32.5 million agreement with the federal government to settle FHA underwriting allegations that accused the nation’s largest direct lender with fraud. As part of the deal, the privately held nonbank – the creation of Midwestern businessman Dan Gilbert – did not admit any wrongdoing and will continue to originate and service FHA loans…