Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

Estimated reading time: 0 minutes, 21 seconds

James B. Nutter & Co. Faces DOJ Fraud Lawsuit

Friday, Nov 13 2020
Originating
Written by 

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.

!--more-->

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.

Read the full article from the Kansas City Star.

Read 3190 times
Rate this item
(0 votes)
More in this category: « Ask the Management Expert: Hershman's Quick Steps to Assess Job Candidates How Customer-Centric Is Your Sales Organization? »

Related items

FOLLOW US