Ginnie Mae's troubling endorsements

By Brian Grow and Zachary Goldfarb

The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run

Excerpts from this story referencing "Lend America":

"… n and Laura Cheek contributed to this report. …"

"… red flags, a little-known federal agency continued giving its blessing to Lend America, allowing it to do business in the name of the U.S. government. The Govern …"

"… y U.S. taxpayer money.Until last week, federal housing officials said that Lend America met requirements for participating in the program run by Ginnie Mae, an ag …"

"… e firm to sell more than $1 billion in mortgages via Ginnie Mae securities.Lend America is hardly the only lender with a troubled record that has been endorsed by …"

Straining the FHA's umbrella

By Brian Grow and Binyamin Appelbaum

A District nonprofit organization that says it helps cash-strapped homeowners avoid foreclosure is under federal investigation for instead h

Excerpts from this story referencing "Lend America":

"… , for instance, that the Rainy Day program was used by a major FHA lender, Lend America, in an attempt to conceal fraud. In a civil lawsuit filed against Lend Ame …"

"… America, in an attempt to conceal fraud. In a civil lawsuit filed against Lend America in October, the Justice Department charged that the company secured FHA gu …"

"… e lender-funded slush fund.”The Justice Department, which sought to keep Lend America from making more FHA loans, won a permanent injunction against Lend Americ …"

"… end America from making more FHA loans, won a permanent injunction against Lend America in December. HUD withdrew the firm’s FHA approval the same month. Lend A …"