!--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.
Discover how emerging technologies like AI and digital platforms are shaping trends in mortgage originations, including their impact on efficiency, customer experience, and market dynamics.
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.
!--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.