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Mortgage Co. Settles Loan Insurance FCA Case For $14.5M

By Daniel Wilson · December 12, 2018, 10:16 PM EST

Finance of America Mortgage will pay $14.5 million to resolve a whistleblower lawsuit alleging that a predecessor company originated and underwrote deficient loans backed by federal insurance in violation of the...

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Documents

Settlement Agreement

Case Information

Case Title

USA ex rel., Debra McGeehan v. Gateway Funding Diversified Mortgage Services, L.P.

Case Number

1:16-cv-00750

Court

New York Northern

Nature of Suit

Qui Tam (31 U.S.C. § 3729(a))

Date Filed

June 24, 2016

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