Veterans United Home Loans, owned by Mortgage Research Center, filed a motion to dismiss a class-action lawsuit that accuses the lender of falsely presenting itself as affiliated with the federal government and steering borrowers toward more costly loans.
The lender argues that the plaintiffs failed to present “any concrete and particularized injury” and to state a claim. Attorneys for the plaintiffs declined to comment.
The original complaint alleges the private, for-profit corporation misled homebuyers into believing it is connected to the U.S. Department of Veterans Affairs (VA). It claims that multiple real estate agents and loan officers say they routinely lose details ⇒
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