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Mortgage Co. Sold Bad Loans At HUD's Expense, Suit Says

By Juan-Carlos Rodriguez (April 4, 2013, 7:41 PM EDT) -- Golden First Mortgage Corp. and its president were hit Thursday with a False Claims Act suit by the federal government alleging the company cheated the U.S. Department of Housing and Urban Development by approving loans that should never have been federally insured....

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