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The DOJ claimed that James B. Nutter & Co. inflated its loan production by forging signatures and employing unqualified underwriters.
Lawyers for the company called the allegations unsubstantiated.
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The Rise of Digitalization in Mortgage Originating: A Paradigm Shift
Explore the transformative rise of digitalization in mortgage originating and how it's reshaping the industry, enhancing efficiency, borrower experience, and operational growth.
Estimated reading time: 0 minutes, 21 seconds
James B. Nutter & Co. Faces DOJ Fraud Lawsuit
The Department of Justice has hit James B. Nutter & Co. with a civil lawsuit claiming improprieties in the Kansas City home lender’s reverse mortgage business. So reports the Kansas City Star.
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