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Violation Tracker Individual Record

Company: First American Mortgage Trust
Penalty: $72,000
Year: 2011
Date: April 8, 2011
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The Federal Housing Administration's Mortgagee Review Board announced a settlement with a Massachusetts mortgage lender to resolve allegations that it failed to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their loans.
Level of Government: federal
Action Type: agency action
Agency: Housing and Urban Development Department
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.