Lennar Subsidiary Eagle Home Mortgage Fined $13.2 Million for FHA Lending Violations

HousingWire, Oct. 19, 2018–Ben Lane
The Department of Justice announced Friday that it reached a $13.2 million settlement with Universal American Mortgage Company to resolve allegations that the lender violated the False Claims Act by falsely certifying that it complied with FHA lending standards. Universal American Mortgage Company is the mortgage subsidiary of Lennar and does business as Eagle Home Mortgage.