Lennar Corp. subsidiary Eagle Home Mortgage had high FHA delinquency rate before Department of Justice subpoena – South Florida Business Journal

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The Department of Justice reached a $13.2 million settlement with Eagle. Lennar subsidiary Eagle Home Mortgage fined $13.2 million for FHA lending violations. subsidiary of Lennar and does business as Eagle Home Mortgage.. But the Trump administration has signaled a different way of doing.

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The homebuilder's mortgage arm had a "seriously delinquent" rate of more than double the average for the FHA.. Lennar mortgage arm had high delinquency rate with FHA before DOJ subpoena. Email. Share. Share. Tweet. By Brian Bandell – Senior Reporter, South Florida Business Journal. Jan 31.

Lennar mortgage division scrutinized for alleged FHA violations. The mortgage subsidiary of one of the nation’s largest homebuilders is under investigation by the Department of Justice for its handling of Federal Housing Administration Loans. Lennar disclosed the investigation last week in a filing with the Securities and Exchange Commission,

The mortgage subsidiary of Miami-based home builder Lennar Corp. provided information on federal housing administration (fha) loans to the U.S. Department of Justice in response to a subpoena.

The homebuilder's mortgage arm had a "seriously delinquent" rate of more than double the average for the FHA.. Lennar mortgage arm had high delinquency rate with FHA before DOJ subpoena. Email. A Lennar Corp. townhouse under construction.. Senior Reporter, South Florida Business Journal.

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The U.S. Department of Justice has issued a subpoena to Lennar Corp.. The Miami-based company (NYSE: LEN) is the largest homebuilder in South Florida. Its Eagle Home Mortgage subsidiary, which provides loans mostly to. These loans are originated by private lenders, but backed by the FHA with.