SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
PYMNTS
AUGUST 30, 2020
government's Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million in fees while subcontracting the work out to the nation's largest mortgage lender, The Wall Street Journal (WSJ) reported.
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