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News/Compliance & Enforcement/Mortgage Company Pays $38.5 Million for Alleged FHA Underwriting Violations
False Claims Act·Compliance & Enforcement Brief

Mortgage Company Pays $38.5 Million for Alleged FHA Underwriting Violations

Academy Mortgage Corporation of Utah has agreed to pay $38.5 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration.

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