Mortgage Lenders' False Claims Loss Blows Up To $298M

By Dorothy Atkins ( September 15, 2017, 4:00 PM EDT) -- A Texas federal judge on Thursday hit two mortgage brokers and their CEO with treble damages and maximum civil penalties for defrauding millions of dollars from the government by submitting fraudulent insurance claims after it took on risky loans, goosing a $93 million verdict to $298 million....

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