The Justice Department can pursue its controversial fraud case against Detroit-based mortgage lender Quicken Loans, a judge ruled Thursday, but he substantially narrowed the time frame covered by the suit. In the first major ruling since the case reached a Detroit courtroom, U.S. District Judge Mark A. Goldsmith denied …
A judge on Thursday ruled that a lawsuit over questionable loan practices filed by the federal government against Quicken loans can proceed. The federal government claims, among other things, that Quicken Loans Inc. intentionally altered information or overlooked problems with loan applications in order to issue hundreds of thousands of government-backed mortgages. If loans met a …
A government lawsuit against Detroit-based Quicken Loans Inc . will move to the mortgage lender’s hometown, a federal judge ruled Monday, after finding that the Washington, D.C., connection to Quicken’s practices was too “insubstantial” to keep the case there.