BB&T will pay $83 million to settle allegations brought by the Department of Justice, which accused the #lender of violating the False Claims Act by falsely certifying that it complied with “critical underwriting and quality control requirements” on #mortgages insured by the Federal Housing Administration. BB&T becomes the latest in a long string of #lenders targeted by the DOJ for False Claims Act violations. http://www.housingwire.com/articles/38174-bbt-to-pay-83-million-for-fha-lending-violations ❤️ #share #mortgage
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