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Taylor Bean, Home America Settle FCA Suit For $320M

By David McAfee (January 6, 2014, 6:23 PM EST) -- Taylor Bean & Whitaker Mortgage Corp. and Home America Mortgage Inc. have agreed to pay more than $320 million to settle a False Claims Act whistleblower suit alleging they falsified loan applications to secure federally funded insurance for home loans that ultimately defaulted, plaintiffs' attorneys announced Monday....

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