For the second time in just over six months, First Tennessee Bank , the regional bank for First Horizon National , is settling with the federal government over allegations that it violated U.S. lending laws. In June 2015, First Tennessee Bank agreed to pay $ 212.5 million to resolve allegations that it violated the False Claims Act by “knowingly originating and underwriting mortgage loans insured by the Federal Housing Administration that did not meet applicable requirements.”

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *