In its June 14, 2023, decision in United States ex rel. Michelle Calderon v. Carrington Mortgage Services, LLC, No. 22-1553, 2023 WL 3991013, (7th Cir. 2023), the Seventh Circuit explained the high bar for relators to prove...more
7/6/2023
/ Borrowers ,
Causation ,
False Claims Act (FCA) ,
False Statements ,
Federal Housing Administration (FHA) ,
HUD ,
Insurance Industry ,
Loans ,
Mortgage Insurance ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages
On August 16, 2013, Judge Jed S. Rakoff of the Southern District of New York issued a ruling in in United States v. Countrywide Financial Corp., No. 12 Civ. 1422, that will likely be relevant to any financial institution...more