As part of a whistleblower lawsuit filed by two former employees of Movement Mortgage, the lender will pay a $23.75 million settlement to the United States to resolve allegations it violated the False Claims Act, the U.S. Attorney for the Northern District of New York said.

The settlement resolved allegations that Movement Mortgage failed to comply with material program requirements when it originated and underwrote mortgages insured by the Department of Housing and Urban Development’s Federal Housing Administration or guaranteed by the Department of Veterans Affairs, U.S. Attorney Carla B. Freedman said in a statement Thursday.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]