Business ProfileforAcademy Mortgage Corporation
Current Alerts For This Business
BBB reports on known government actions involving business marketplace conduct. The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On December 14, 2022, the business entered into a settlement with the Northern District of California and the Civil Division's Commercial Litigation Branch. The Assurance settles allegations that the business violated the False Claims Act by improperly originating and underwriting mortgages insured by the Federal Housing Administration. Under terms of the Assurance, the business agreed to pay $38.5 million to the United States. The Assurance was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law. For more details go to https://www.justice.gov/opa/pr/academy-mortgage-corporation-agrees-pay-385-million-settle-false-claims-act-allegations.
At-a-glance
Related Categories
Business Details
This is a multi-location business.
- Headquarters
- 339 W 13490 S, Draper, UT 84020-7220
- BBB File Opened:
- 2/12/1990
- Years in Business:
- 36
- Business Started:
- 5/13/1988
- Business Started Locally:
- 5/13/1988
- Business Incorporated:
- 5/31/1988
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Corporation
- Alternate Business Name
- AMC Lending
- Academy Mortgage
- Republic Mortgage
- Business Management
- Mr. Adam Kessler, Owner
- Mr. Mike Huber, General Counsel
- Mr. Doug Bassett, Owner
- Contact Information
Principal
- Mr. Adam Kessler, Owner
- Mr. Doug Bassett, Owner
- Additional Contact Information
Fax Numbers
- (801) 233-3701Primary Fax
Phone Numbers
- (801) 233-3700Other Phone
- (800) 660-8664Other Phone
Website Addresses
- (801) 233-3701
Customer Complaints
22 Customer Complaints
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File a ComplaintMost Recent Customer Complaint
09/30/2022
- Complaint Type:
- Product Issues
- Status:
- Answered
Customer Reviews
13 Customer Reviews
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Most Recent Customer Review
Jay S
1 star07/01/2024
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