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United States of America v. Countrywide Financial Corporation et al
Case Number:
1:09-cv-02040
Court:
Nature of Suit:
Judge:
Companies
Sectors & Industries:
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May 29, 2012
Whistleblower Takes Home $14.5M In BofA Mortgage Deal
A former Countrywide Financial Corp. employee who launched a whistleblower suit claiming the Bank of America Corp. unit knowingly inflated property appraisals for federal loans has received a $14.5 million reward for the information he provided the government, his lawyer said Tuesday.
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February 24, 2012
Countrywide Inflated Home Values: Whistleblower Suit
A former Countrywide Financial Corp. employee says in a False Claims Act suit unsealed Friday in New York federal court that the Bank of America Corp. unit knowingly inflated property appraisals for Federal Housing Authority-backed loans.