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Inside FHA/VA Lending
» Lenders Continue to Get Hit with Steep Penalties Despite HUD Chief’s Assurance the FCA Issue Would be Resolved
Lenders Continue to Get Hit with Steep Penalties Despite HUD Chief’s Assurance the FCA Issue Would be Resolved
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Inside FHA/VA Lending
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IberiaBank of Lafayette, LA, has agreed to pay $11.7 million to the federal government to resolve an alleged violation of the False Claims Act by submitting false certifications to obtain FHA in-surance on ineligible mortgages.