VA HOME LOAN MORTGAGE FRAUD
Our law firms represent whistleblowers, on behalf of the United States of America, in a lawsuit against 8 banks and mortgage lenders for mortgage fraud in connection with refinanced VA home loans.
The VA refinance program allows veterans to refinance their existing VA home loans and is designed to protect them from paying excessive fees and charges in the refinancing transaction.
According to the lawsuit, the lenders over-charged veterans, charged unallowable fees, and then deliberately concealed those facts from the VA to obtain taxpayer-backed guarantees for the refinanced loans. At the same time, the lenders falsely certified to the VA, in writing, that they were not charging unallowable fees. Tens of thousands of those refinanced loans have gone into default or resulted in foreclosure, which has resulted in massive damages to the U.S. taxpayers.
WHAT YOU CAN DO
If you are a veteran who refinanced a VA home loan, you may be able to help us bring unscrupulous lenders to justice.
- If you have, or can obtain, the HUD-1 Settlement Statement used to close your refinanced loan, please review this link to determine if you were charged excessive fees. If you find excessive fees in your HUD-1, we urge you to contact us as soon as possible.
- Contact your U.S. Senators and Representative, the U.S. Attorney General, and the VA to demand action against these lenders and to make them pay for defrauding veterans and all U.S. taxpayers. Adding illegal closing charges to refinanced loans made to U. S. veterans and lying to the Government about the illegal charges is not acceptable conduct. All lenders who engaged in mortgage fraud should be held accountable for their actions.
You can find the appropriate contact information by clicking on the links below.