Lender Enters $74M Settlement To Resolve False Claims Act Violations

(August 9, 2017, 2:48 PM EDT) -- NEW YORK — The U.S. Department of Justice (DOJ) on Aug. 8 announced that several mortgage lenders have entered a $74,453,802 settlement with it, resolving allegations that the lenders violated the False Claims Act when they originated loans that did not meet applicable requirements....