Salt Lake City Residential Mortgage Lender Enters Into

UT 2015 Community Banks / Credit Unions

DOJ Fraud

Penalty

$1 million

Outcome

Salt Lake City Residential Mortgage Lender Enters Into Settlement Agreement to Resolve Non-Compliance with Housing and Urban Development Regulations

Details

Salt Lake City Residential Mortgage Lender Enters Into — DOJ Enforcement (2015)

Outcome: Salt Lake City Residential Mortgage Lender Enters Into Settlement Agreement to Resolve Non-Compliance with Housing and Urban Development Regulations

How Crucible Prevents This

Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.

Source: DOJ Press Release — Salt Lake City Residential Mortgage Lender Enters Into Settlement Agreement to Resolve Non-Compliance with Housing and Urban Development Regulations

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