Franklin American #mortgage fined $70 million for False Claims Act violations: Franklin American #mortgage Company will pay the United States $70 million to settle allegations brought against the #lender by the Department of Justice, which accused Franklin American of violating the False Claims Act by originating substandard Federal Housing Administration loans. http://www.housingwire.com/articles/35756-franklin-american-mortgage-fined-70-million-for-false-claims-act-violations
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