U.S. Court Denies Injunction Request Against FHA Lender
October 27, 2009
Lend America said it will continue to originate FHA-insured loans after a New York federal court last week denied a government request for an order to stop the lender from doing any more FHA business. Filed in federal court in Central Islip, the complaint accused Ideal Mortgage Bankers, which also does business as Lend America, of falsely certifying that borrowers who received...