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Quicken Loans agrees to $32.5 million settlement in federal home loan fraudulence lawsuit

Posted by on February 17, 2020 at 9:31 am

CLEVELAND, Ohio — Quicken Loans has consented to spend $32.5 million to be in a years-old lawsuit in that the Justice Department accused the bank of home loan fraudulence. The settlement, established Friday with a court-appointed mediator, includes no admissions of wrongdoing by the company that is detroit-based. It stops litigation filed four years [...]