First American Mortgage Trust to Pay $1 Million for FHA Lending Violations
HousingWire, Oct. 19, 2016–Lane, Ben
First American Mortgage Trust, which does business as NXTLoan.com, and the company’s CEO will pay just over $1 million to settle charges brought by the Department of Justice, which accused the mortgage lender of submitting false claims on mortgages insured by FHA.
