Relevant:
- Manhattan U.S. Attorney Files Mortgage Fraud Lawsuit Against Wells Fargo Bank, N.A. Seeking Hundreds Of Millions Of Dollars In Damages For Fraudulently Certified Loans
- Why Did the Justice Department Kill the Madoff Subpoena Against JPMorgan?
- Justice Department Settles Another Bankster Fraud Suit for Peanuts
- DeMarco's days may be numbered and yet he takes a swat at BofA
- Bank of America Sued for Alleged Countrywide "Hustle" Loans
2011-06-29 — mortgagenewsdaily.com
"According to recent news stories, the HUD Office of Inspector General has put several lenders on notice regarding the quality of documents submitted as part of the FHA claims process. Another large FHA lender has also been accused of poor quality control involving their loan origination processes. In all instances, it has been reported that HUD or the Department of Justice is using the False Claims Act to seek treble damages among other penalties. "
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