Real Estate Round-Up: Beazer’s $53M Mortgage Fraud Settlement, Millennium State Bank Shut Down, Trulia Says It’s Still Successful and More

Beazer Homes to pay $53 million in mortgage fraud settlement — Beazer Homes USA agreed to pay $5 million to the federal government and $48 million in contingency payments to homeowners who used their mortgage company, Beazer Mortgage. Apparently allegations were that the mortgage company sold discounted points on mortgages but instead discounted nothing and kept the money. [...]

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