(AFX UK Focus) 2009-07-01 21:45 UPDATE 1-Beazer Homes agrees to settle mortgage fraud case (Interactive Investor)
Wednesday, July 1, 2009
WASHINGTON, July 1 (Reuters) - Beazer Homes USA Inc agreed to pay $5 million to the U.S. government and up to $48 million to private homeowners to settle allegations that it was involved in fraudulent mortgage activities, the Justice Department said on Wednesday. The settlement resolved allegations that Beazer and its mortgage unit, Beazer Mortgage Corp., in making Federal Housing Administration ...
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