Loan Depot (loanDepot) – VA Loans – ACTIVE INVESTIGATION

We are currently investigating claims that loanDepot of Foothill Ranch, California, failed to properly process and underwrite home mortgage loans backed by the U.S. Veterans Administration. Bad underwriting often results in higher than average default rates. When that happens, both taxpayers and veterans lose. loanDepot is a relatively new player in the mortgage industry.Read the full article