Tony Munter: A reverse false claims case is different than a typical false claim in that the issue is what the defendant kept from the government as opposed to what the government paid the defendant. In normal false claims act cases, somebody lies to the government in order to get a payment of some kind and make money.
Why False Claims Act enforcement is still vexing under Trump The year opened with hopes that regulatory and enforcement pressures would abate for the mortgage industry. The reality has turned out quite differently.
4) The false claim was made by someone else False claims made by someone else on your behalf, when you were not aware of and did not participate in the claim, should not disqualify you from getting a green card or immigrant visa.
Uncertainty keeping mortgage rates low: Freddie Mac McLean, VA – In Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (frm) averaged 6.18 percent, with an average 0.6 point, for the week ending September 13, 2002, inching up from 6.15 percent last week.Wholesaler Western Bancorp acquired by Eli Global CUNB – CU Bancorp – merged with PACW – PacWest Bancorp. Shareholders will receive 0.5308 shares PACW and $12.00 in cash per share held. 10/20/2017. LDR – Landauer Inc – was acquired. OKSB – Southwest Bancorp, Inc. – was acquired by SFNC – Simmons First will receive 0.3903 shares of SFNC & $5.11 in cash per.FHFA adds to list of protected classes in inclusion rules FAIR HOUSING: SOURCE OF INCOME DISCRIMINATION The Fair Housing Act makes it illegal to make housing decisions based on seven protected classes: race, color, sex, national origin, religion, handicap or familial sta-tus. While the federal law sets the minimum protections, states and localities can add additional protected classes.
Paragraph 3(b) governs the release of claims based on fraudulent annual certifications as follows: (3)(b) [T]he United States fully and finally releases [wells fargo] from any civil or administrative claims it has or may have and from any civil or administrative remedies or penalties (expressly including punitive or exemplary damages) it may seek to impose under FIRREA, the False Claims Act, and the Program.
Opinion False Claims Act cases make lenders ask ‘Where’s the reg relief?’. Critics of recent False Claims Act enforcement argue the Justice Department is too heavy-handed toward lenders and servicers.. FinReg & Policy Watch is the only newsletter that scans and analyzes the full breadth of.
Palin’s media relations are off to a rocky start, with reporters grumbling about being unable to ask her questions directly and campaign officials complaining about what they regard as the intrusively.
This case teaches that money also stimulates legal artifice. For over one hundred and fifty years, the False Claims Act (FCA) has imposed civil liability on anyone who defrauds the federal government of money or property. See generally Act of March 2, 1863, ch. 67, 12 stat. 69(1863) (codified as 6 amended at 31 U.S.C. §§ 3729 ).
The Trump administration’s Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.
New York Attorney general issues cease and Desist Letters to 44 Pharmacies Over Allegedly Failing to Post Prices for Commonly Prescribed Drugs New York AG Letitia james issued cease and desist letters.