Quicken Loans
Fraudulent Executives Quicken Loans is largely responsible for the current crisis at Countrywide Home Loans

Quicken Loans is largely responsible for the current crisis at Countrywide Home Loans. The executives knew of the fraudulent activity and should be punished accordingly. It's crazy how the upper management staff at this company got rich by cheating others. The culture of this company teaches its employees how to cheat the system and sneak things past underwriting. I heard one of the sales directors (AKA Rommy) on several occasions coaching people on how to cheat underwriting by inflating income, producing faulty documents, and pushing appraisals.

It's unfortunate that Countrywid's shareholders are left with the loss. Quicken knew darn well it was selling faulty loans to them.

The executives of this company need to be punished!

Company: Quicken Loans
Country: USA
State: Michigan
City: Livonia
Address: 20555 Victor Parkway

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