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Universal American Mortgage agrees to False Claims Act settlement
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The Blotter
Wednesday, October 24, 2018
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Universal American Mortgage Company, LLC (UAMC) has agreed to pay the United States $13.2 million to resolve allegations that it violated the False Claims Act by falsely certifying that it complied with Federal Housing Administration (FHA) mortgage insurance requirements in connection with certain mortgages. Read on for more details.
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