Violation Tracker Individual Record
The Department of Justice announced an agreement with SunTrust Mortgage Inc. that resolved a criminal investigation of SunTrust's administration of the Home Affordable Modification Program. SunTrust was said to have misled numerous mortgage servicing customers who sought mortgage relief through HAMP. Specifically, SunTrust was accused of making material misrepresentations and omissions to borrowers in HAMP solicitations, and failing to process HAMP applications in a timely fashion. The DOJ announcement did not mention that SunTrust had been offered a non-prosecution agreement. That fact was revealed in a press release issued by the Special Inspector General for the Troubled Asset Relief Program: https://www.sigtarp.gov/Press%20Releases/SunTrust_Nonprosecution_Agreeme...