United Shore Financial Services will pay $48 million to settle allegations brought by the Department of Justice, which accused United Shore of violating the False Claims Act by “knowingly originating and underwriting” #mortgages that did not meet Federal Housing Administration standards, the DOJ announced Wednesday. The settlement makes United Shore just the latest in a long line of #mortgage #lenders that settled with the DOJ over alleged FHA lending violations. Click the headline to read more. http://www.housingwire.com/articles/38842-united-shore-lands-on-doj-hit-list-will-pay-48m-for-fha-lending-violations ❤️ #share #mortgage
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