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06

New York Attorney General Examining Private Equity Firm’s Mortgage Business

By Tony Seruga

Eric T. Schneiderman, New York State’s attorney general, is investigating Caliber Home Loans, a mortgage lender owned by Lone Star Funds. Caliber Home has grown fast but also has drawn many complaints.CreditJohn Minchillo/Associated Press

The rapid growth of Caliber Home Loans, a mortgage company owned by the private equity giant Lone Star Funds, has led to a surge in consumer complaints. Now it has led to regulatory scrutiny of Caliber’s business practices.

Eric T. Schneiderman, the New York attorney general, has opened an investigation into the mortgage company, a person in Mr. Schneiderman’s office confirmed…

New York Attorney General Examining Private Equity Firm’s Mortgage Business

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