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Home » Store » News » DC Judge Agrees to Stay Government Countersuit Against Quicken Pending Detroit Court’s Decision on Its Lawsuit

DC Judge Agrees to Stay Government Countersuit Against Quicken Pending Detroit Court’s Decision on Its Lawsuit

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A federal district court judge in Washington, DC, has granted Quicken Loan’s motion to stay a government lawsuit until another federal judge in Detroit decides whether to proceed with Quicken’s preemptive lawsuit against the government. The decision by U.S. District Court Judge Reggie Walton in Washington would give Quicken the opportunity to shine light on FHA compliance issues, loan sampling and the Department of Justice’s use of the False Claims Act to prosecute FHA lenders. Such enforcement actions have resulted in more than $4.5 billion in settlements with FHA lenders. In April, Quicken sued...
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