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News/Compliance & Enforcement/Deloitte & Touche Agrees to Pay $149.5 Million to Settle Claims Arising From Its Audits of Failed Mortgage Lender
News·Compliance & Enforcement Brief

Deloitte & Touche Agrees to Pay $149.5 Million to Settle Claims Arising From Its Audits of Failed Mortgage Lender

Deloitte & Touche LLP has agreed to pay $149.5 million to resolve potential False Claims Act liability arising from Deloitte’s role as the independent outside auditor of Taylor, Bean & Whitaker Mortgage Corp., a failed originator of mortgage loans insured by the Federal Housing Administration.

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