Mixed Enforcement Signals For FHA Mortgage Lenders

Law360, New York (November 1, 2017, 4:00 PM EDT) -- Two significant events in the last several weeks are forcing Federal Housing Administration mortgage lenders to scratch their heads in assessing the government's fraud enforcement intentions. First, in mid-September, a district judge imposed massive False Claims Act and Financial Institutions Reform, Recovery, and Enforcement Act of 1989 damages and penalties against FHA mortgage lender defendants, in a worrisome display of the debilitating consequences that can befall businesses and individuals who find themselves the targets of civil fraud enforcement actions under both the FCA and FIRREA. See United States v. Americus Mortgage Corp., No. 4:12-CV-2676, (S.D. Tex. Sept. 14, 2017) (Allied). Second,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!