Filter by Category
  • Quicken Loans agrees to $32.5 million settlement in federal home loan fraud lawsuit

    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 by a court-appointed mediator, includes no admissions of wrongdoing by the Detroit-based company. It comes to an end litigation filed four years…