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Freedom Mortgage Corp. To Pay $113 Million

It is imperative that mortgage lenders that participate in the FHA insurance program follow the rules and requirements set forth by HUD By Jeff Sorg, OnlineEd Blog (April 21, 2016) – Freedom Mortgage Corp. has agreed to pay the United States $113 million to...

Judge Says Gov. Brown and Legislature Illegally Raided Homeowners Fund

(Jeff Sorg, OnlineEd) SF Gate is reporting that a judge has ruled Gov. Jerry Brown and the Legislature illegally raided a state fund that was created to help distressed homeowners and took $331 million to balance the budget. The article alleges that money was taken...

MetLife Home Loans to Pay $123.5 Million to Resolve Alleged FHA Mortgage Lending Violations

(Jeff Sorg, OnlineEd) – In an announcement released by the United States Department of Justice, MetLife Home Loans LLC has agreed to pay the United States $123.5 million to resolve allegations that MetLife Bank N.A. (MetLife Bank) violated the False Claims Act...