Beazer Homes Pay $53M to Settle Lawsuit

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Homebuilder Beazer Homes pay out $53 million to settle US Department of Justice lawsuit on mortgage fraud. Beazer Homes will avoid further media attention, possible criminal prosecution and jail time by not allowing the lawsuit to make its appearance in court .

http://www.realestatechannel.com/us-markets/residential-real-estate-1/beaser-homes-usa-inc-mortgage-fraud-sec-ian-j-mccarthy-michael-t-rand-us-dept-of-justice-alex-finkelstein-1041.php

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