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Federal judge rules Quicken Loans wrongly influenced home appraisals

Jul 18, 2017By

A judge slapped Quicken Loans with nearly an $11 million penalty after it found the nonbank guilty of wrongly influencing home appraisal values leading up to the financial crisis. But Quicken Loans is quick to fight back, saying it will appeal the ruling. By the looks of things, the case is far from over.