A group of homeowners filed a class action lawsuit against the largest homebuilding company in the United States and its mortgage lending subsidiary over money they lost in an alleged deceptive mortgage scheme. Horton and DHI Mortgage targeted prospective homebuyers with affordable monthly payment plans, but the company low-balled the true costs and excluded most of the required property taxes, according to the lawsuit. One of the five plaintiffs, Frankie Santiago, was promised a monthly payment of just over $2,100 for a home in Lake County, Florida, and thus chose D.R. Horton and its subsidiary, which ranked 12th in total originations in 2023, because the monthly payment was lower than homes with a similar sales price. Homeowners may be entitled to three times their out-of-pocket losses under the Racketeer Influenced and Corrupt Organizations Act (RICO).