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FHA loans

JP Morgan Settles with Department of Justice for $614 Million

JP Morgan, which is currently the largest U.S. banking entity in terms of assets, agreed earlier this week to settle claims under the False Claims Act involving fraudulent assertions that certain home loans were appropriate for government-backed mortgage insurance. The bank, which is no stranger to settling matters with the federal government, agreed to pay [...]

By | 2018-09-12T12:36:29+00:00 February 13th, 2014|Mortgage Fraud|