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Freedom Mortgage settles FHA allegations
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Court Report, The Blotter
Wednesday, April 20, 2016
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Freedom Mortgage Corp. has agreed to pay the United States $113 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting single family mortgage loans insured by the U.S. Department of Housing and Urban Developmentās (HUD) Federal Housing Administration (FHA) that did not meet applicable requirements for the FHA insurance program, the Justice Department announced. Read on for more details.
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