Local

U.S. Sues Illinois Mortgage Lending Business President & Founder in Connection with HUD Insured Loans

WASHINGTON—(ENEWSPF)—July 29, 2011. The United States has filed a civil lawsuit against Robert S. Luce, founder and president of MDR Mortgage Corp., a mortgage lending business located in Palatine, Ill., the Justice Department announced today.   MDR participated in mortgage insurance programs administered by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA).   The United States’ complaint seeks recovery under the False Claims Act and civil penalties under the Financial Institutions Reform,…

Proud member of LION Publishers

Most read stories this week

Take a Survey

ARCHIVES