Get Your Mortgage Rate Quote in Just 30 Seconds

Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below.

Down Payment Assistance Lawsuits Third Quarter 2009 Mortgage Litigation Report

Down Payment Assistance Lawsuits
Third Quarter 2009 Mortgage Litigation Report

Cases about the legality of DPA programs and HUD’s ability to prohibit them.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to StoryLink to Story
Beazer Homes USA Inc. n/a U.S. District Court for Northern District of Georgia $53,000,000 Beazer Homes USA Inc. agreed to settle in conjunction with a Deferred Prosecution Agreement under which the Department of Justice agreed not to prosecute the company. Employees of Beazer Mortgage allegedly committed mortgage fraud on loans, charged discount points without reducing interest rates, and ignored state-income requirements. In re Beazer Homes USA, Inc. 07-725 n/a www.mortgagedaily.com/SettlementBeazer070109.asp

Popular posts

7 Refinance Strategies
7 Refinance Strategies

Refinance to a lower interest rate: If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate can help you save money on your monthly payments and reduce the overall cost of your loan. Refinance to a shorter loan term:...

7 Refinance Strategies
Is Refinancing With Your Present Lender Preferable?

Do Not Accept the First Refinancing Offer You Receive Homeowners should not accept the first refinancing rate provided to them. This is particularly important if you are applying with your existing lender. Some mortgage lenders have mechanisms in place that prioritize...

Newsletter

Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

Fannie Mae Profile

Fannie Mae Profile

Last Updated December 27, 2018 7:38 PM Central   full list | other directories | bank search | SEC...

THE TRUSTED PROVIDER OF ACCURATE RATES AND FINANCIAL INFORMATION