Quicken Joins Freddie Mac to Offer Loans While Battling U.S.

Updated on
  • Collaboration looks to boost lending to less-wealthy borrowers
  • Nonbank firm is challenging allegations of poor underwriting

Quicken Loans Inc., the biggest U.S. online mortgage lender, is partnering with Freddie Mac to boost business among first-time and middle-income borrowers as it battles allegations over its past underwriting practices on Federal Housing Administration-backed mortgages.

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