Mortgage lending has now dropped in the second, third, and fourth quarters of 2021 with 3.27 million residential mortgages being secured in the fourth quarter, a figure that ...
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Quicken Loans Raises Speculation of Exiting FHA Home-Loan Program
Earlier this year, the nation's third-largest mortgage lender and the Department of Justice went back and forth in a legal battle accusing the lender of improperly originating and underwriting Federal Housing Administration-insured mortgages. This battle could very well be the lender's motivation to leave the government program alone for good.
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