Government’s Suit Over Lender’s Underwriting Practices Survives Dismissal

Mealey's (September 26, 2019, 6:45 AM EDT) -- SAN DIEGO — A federal judge in California on Sept. 11 denied Guild Mortgage Co.’s motion to dismiss the government’s first amended intervenor complaint filed in support of a former employee’s False Claims Act (FCA) lawsuit accusing the lender of falsely certifying that loans were qualified for Federal Housing Administration (FHA) insurance, ruling that the government’s allegations were sufficient and not time-barred (United States ex rel. Kevin G. Dougherty v. Guild Mortgage Co., No. 16cv2909, S.D. Calif., 2019 U.S. Dist. LEXIS 155233)....