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Home » Store » Profitability » First Tennessee, DOJ Reach Interim Agreement on FHA-Related Claims

First Tennessee, DOJ Reach Interim Agreement on FHA-Related Claims

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First Horizon National Corp. has announced an agreement in principle with the federal government to settle potential claims related to the underwriting and origination of FHA-insured mortgages during the run-up to the financial crisis. Disclosed in a regulatory filing, the agreement between First Tennessee Bank and the Department of Justice and the Department of Housing and Urban Development covers FHA loans originated from 2006 through 2008, which have gone to claim ...
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