Tag: movement mortgage

Movement Mortgage Has Settled With Feds For $24 Million

Movement Movement Has Settled With The Feds For $24 Million Over Allegations Of  Underwriting Fraud On Government Loans Movement Mortgage has settled with the federal government for $23.75 million. The settlement is came after the government accused the lender of underwriting fraud. The government alleged movement improperly originated and underwrote mortgages insured by FHA and…

By Steve
3 min read

loanDepot Is Suing Movement For Poaching Loan Officers

loanDepot Is Suing Movement Mortgage In Delaware Federal Court For Poaching Loan Officers loanDepot is suing Movement Mortgage In Federal Court. The company is accusing competitor Movement Mortgage of damaging its business by poaching it’s employees. The company alleges Movement Mortgage poached over 25 employees in three months. Thus, loanDepot found itself “effectively crippling” with “now-depleted” branches….

By Steve
2 min read