Mortgage Co. Fights To End Borrowers' RICO 'Smear' Suit

By Dorothy Atkins (June 24, 2024, 5:18 PM EDT) -- United Wholesale Mortgage has urged a Michigan federal judge to toss a putative class action claiming it violated the Racketeer Influenced and Corrupt Organizations Act by forcing brokers to originate loans through UWM, arguing the suit is an illegitimate "smear" attempt to tarnish UWM's reputation to benefit hedge fund short-sellers....

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