Jeff Sessions nails big mortgage company

August 10th, 2017 | by Super Admin
Jeff Sessions nails big mortgage company
News
7

If you believe in the rule of law, and if you are tired of crimes going unpunished, well then, you have to appreciate the job being done by Attorney General Jeff Sessions and the Department of Justice.

Sessions and his team continue to punish criminals at a neck-breaking pace. Each day, there is another amazing press release that makes me feel like something is actually getting done in D.C.

For years, we’ve all complained about how the big mortgage lenders get away with dishonest business practices, leaving the little guy holding the bag. Well, today, Jeff Sessions is making one of the lenders pay up.

On Thursday, the Justice Department announced that PHH Corp., PHH Mortgage Corp., and PHH Home Loans (collectively, PHH) agreed to pay over $74 million to resolve alleged False Claims Act liabilities arising from mortgage lending.

Below is the full release with all the details. I urge you to share this story on your social media page. Let people know that “things” are being done to make America great again.

START OF RELEASE…

PHH Agrees to Pay Over $74 Million to Resolve Alleged False Claims Act Liability Arising from Mortgage Lending

PHH Corp. PHH Mortgage Corp. and PHH Home Loans (collectively, PHH) have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today. PHH is headquartered in Mount Laurel, New Jersey, and PHH Home Loans operates in Edina, Minnesota. PHH has agreed to pay $65 million to resolve the FHA allegations and $9.45 million to resolve the VA and FHFA allegations.

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source: http://dennismichaellynch.com/jeff-sessions-nails-big-mortgage-company-75m-false-claims/

  • gvette

    Oh good. He stopped a bank. A place you have a choice in either going into, or not. How about putting DemonRAT criminals behind bars, Jeffy.

    • rtryon

      MOST criminals die before getting up the ladder to the point of involving the DOJ. Why? Its the job of State, Local, County, city, and even Federal police and courts to disturb the criminal life of those that kill every day in Chicago because its unarmed citizens. Its hard for DOJ to get past all the levels above and stop the gunners. So, you should direct your lament to a different police entity, not a legal and Court control task of the DOJ. OK?

      • gvette

        Wow! You don’t have a clue. Remember back when Comey laid out all the proof they had on Killary. Then Loretta decided not to prosecute on what Comey had said. That’s on the federal level. It doesn’t go to a city court! It’s because they were in the pockets of Killary, and Obozo breath. Try to keep up!

  • RightVote

    Hey Jeff,
    Your FIRST Order of BUSINESS was to ‘go after’
    GOVERNMENT CORRUPTION …………..When do you think You will START ? ! Just askin’ !

  • voltage737

    That`s fine but what about the plea deal you offered to hitlery. Go after her,lynch,rice,comey,oblunder and all of the rest of them that have defrauded us.

  • charlie

    good job no go get oblunder, killery, mconnell . mclame, graham, ryan and all the others for their treasons and other illegal acts

  • rick meek

    I think that the guy needs a bigger fore under his a**……and get rid of the turds in DC….