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HUD, DOJ Move to Clarify False Claims Act for Lenders

The Department of Housing and Urban Development and the Department of Justice have unveiled a joint memorandum of understanding outlining how the agencies plan to enforce alleged violations of the False Claims Act.

The move aims “to provide clarity and certainty to Federal Housing Administration-approved lenders,” according to a press release.

As Politico reports, banks and consumer advocates alike have urged the two departments to clear up how they would be addressing violations of the False Claims Act.

Read the full article from Politico

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