U.S. Bank paid $200 million over FHA mortgage underwriting allegations
Company: U.S. Bancorp
Summary
U.S. Bank agreed to pay $200 million to resolve allegations that it failed to comply with FHA mortgage-origination requirements in connection with federally insured loans. The settlement followed a joint DOJ and HUD investigation. Source: https://www.justice.gov/archives/opa/pr/us-bank-pay-200-million-resolve-alleged-fha-mortgage-lending-violations