Quicken Loans CEO Tells DOJ to Pound Sand on Mortgage Allegations

CNBC, May 9, 2016–Belvedere, Matthew J.

Quicken Loans CEO Bill Emerson said Monday that the Detroit-based housing lender won’t settle with the government over allegations of filing false claims on federally insured mortgages. “For us, that’s not something we can even begin to stomach,” he told CNBC’s “Squawk Box,” saying he welcomes a jury trial.