Industry News

ABN AMRO settles with HUD for $41 million

Accused of falsifying documents in FHA real estate loans
Published on Jan 4, 2006

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by CareyBot

ABN AMRO Mortgage Group has struck a $41 million settlement with the U.S. government in a probe involving alleged falsifications in thousands of federally insured loans, the Department of Housing and Urban Development said today. The mortgage giant, one of ...