SunTrust Mortgage
DOJ
Fraud
Penalty
$320 million
Outcome
SunTrust Mortgage Agrees to $320 Million Settlement
Details
SunTrust Mortgage — DOJ Enforcement (2014)
DOJ took enforcement action against SunTrust Mortgage in 2014 involving fraud violations in the Community Banks / Credit Unions sector.
Penalty: $320 million
Violation types: Fraud
Entity type: Financial Institution
Penalty type: Criminal
Source: DOJ Press Release — SunTrust Mortgage Agrees to $320 Million Settlement
How Crucible Prevents This
Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.
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