Guaranteed Rate Pays $15 Million to Resolve Allegations It Knowingly Caused False Claims to Government Mortgage Loan Programs

Guaranteed Rate Inc. has agreed to pay the United States $15.06 million to resolve allegations that it violated the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) by knowingly violating material program requirements when it originated and underwrote mortgages insured by the Department of Housing and Urban Developmentā€™s (HUD) Federal Housing Administration (FHA) or Ā guaranteed by the Department of Veterans Affairs (VA), the Department o...
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