Quicken Loans Atty Says DOJ Lending Crusade Went Too Far

Law360, New York (May 4, 2015, 7:22 PM EDT) -- Quicken Loans' recent suit against the U.S. Department of Justice shows it is willing to take a stand to put a stop to the agency's abuse of power in its probe of mortgage lenders, the company's attorney told Law360.

Detroit-based Quicken Loans Inc. took the unusual but not unprecedented step of suing the DOJ on April 17, alleging it had effectively taken control of the Federal Housing Administration from the U.S. Department of Housing and Urban Development and subjected the lender to harassment, threats and a changing of the rules for mortgage origination over the course of a three-year investigation....

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