Walter Investment fined $29.6 million for False Claims Act violations

Walter Investment fined $29.6 million for False Claims Act violations

Subsidiaries allegedly submitted false reverse mortgage claims to HUD

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Items Tagged with 'Lennar'

ARTICLES

Is leasing the strategy that could help boost Lennar?

Growth may shift from new home sales
Due to more first-time homebuyers struggling to secure home financing, this new strategy from Lennar might be the key to boosting its upcoming earnings. Sterne Agee analyst Jay McCanless gave his forecast for what the market could expect to see from the homebuilder.
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Lennar net earnings rise, beat 4Q estimates

Mortgage and title operations boost profitability
Lennar reported a rise in net earnings for the fourth quarter despite the housing market’s slow recovery. That slow recovery could pick up speed in the new year, thanks to recent changes in credit availability and affordability.
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Lennar earnings soar amid positive builder news

Beats analyst expectations
Homebuilder Lennar reported strong third-quarter earnings amid positive industry reports on builder confidence. "Our core homebuilding business continues to drive earnings, with strong sales, deliveries and margins," Stuart Miller, CEO of Lennar Corporation, said.
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