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Biggest settlement in FHA history; U.S. government v. ABN Amro Mortgage Group Inc.

Publication: Crain's Detroit Business
Publication Date: 05-MAR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Biggest settlement in FHA history; U.S. government v. ABN Amro Mortgage Group Inc.(Focus)(Federal Housing Administration)(Brief article)

Article Excerpt
ABN Amro agreed to a settlement of $41.2 million with the U.S. Department of Housing and Urban Development and the Justice Department following an investigation into the falsification of documents for 28,097 loans. The settlement included a payment of $16.85 million in cash and $24.35 million in waived government...

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