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The DOJ claimed that James B. Nutter & Co. inflated its loan production by forging signatures and employing unqualified underwriters.
Lawyers for the company called the allegations unsubstantiated.
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The Rise of AI in Mortgage Origination: A Game Changer?
Explore the transformative role of AI in mortgage origination, enhancing processing efficiency and security, while ensuring ethical deployment.
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James B. Nutter & Co. Faces DOJ Fraud Lawsuit
The Department of Justice has hit James B. Nutter & Co. with a civil lawsuit claiming improprieties in the Kansas City home lender’s reverse mortgage business. So reports the Kansas City Star.
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