NEW YORK
False Certifications for Mortgage Loans Result in $614 Million FCA Settlement
On Feb. 4, the Department of Justice (DOJ) announced that JPMorgan Chase (JPMC), the New York-based financial services company, had agreed to a $614 Million settlement of False Claims Act (FCA) allegations initiated by an undisclosed whistleblower, in connection with mortgage loans issued by the company dating back to 2002.
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