PHH to pay $74.5M to settle probe into alleged defective mortgage loans – Philadelphia Business Journal


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PHH to pay $74.5M to settle probe into alleged defective mortgage loans
Philadelphia Business Journal
Mortgage lender PHH Corp. has agreed to pay almost $74.5 million to resolve claims that it produced defective loans that the federal government insured and Fannie Mae and Freddie Mac bought. The U.S. Department of Justice said on Tuesday that the …
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