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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.
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.
Estimated reading time: 0 minutes, 21 seconds
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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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.