Deloitte to Pay $149.5M Over Lender Audit

Thursday, 01 March 2018
News

DeloitteDeloitte & Touche has agreed to pay $149.5 million in its role auditing failed mortgage originator Taylor, Bean & Whitaker Mortgage Corp. TBW originated loans insured by the Federal Housing Administration. The government alleged the accounting firm knowingly deviated from applicable auditing standards.

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