False Claims Act

Ben Carson is wrong. Law used to fight FHA fraud is essential

11/06/17

The HUD secretary’s comment that such use of the False Claims Act was “ridiculous” may delight the mortgage industry but does not bode well for taxpayers or the federal government’s future fraud enforcement efforts.

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HUD Secretary Carson vows to pull back on mortgage penalties

10/23/17

Ben Carson doesn't want big banks to worry so much about being penalized from mortgage lending errors.

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PHH to pay $75M False Claims Act settlement with DOJ

08/08/17

PHH Corp. will pay the Justice Department $75 million to settle a False Claims Act investigation of its underwriting practices on government-insured mortgages and loans sold to Fannie Mae and Freddie Mac.

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DOJ's False Claims Act focus shifts to reverse mortgage servicers

07/03/17

The Trump administration's Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.

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How Trump can make the FHA more lender friendly

06/02/17

The Federal Housing Administration's gateway to homeownership could be widened if the Trump administration takes actions to reduce mortgage insurance premiums and clarify lender penalties under the False Claims Act.

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