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    Guild Mortgage Company to Pay Almost $25 Million To Resolve Allegations It Knowingly Caused False Claims To Federal Housing Administration
    WASHINGTON – Guild Mortgage Company has agreed to pay the United States $24.9 million to resolve allegations that it violated the False Claims Act and the common law by knowingly breaching material program requirements when it originated and underwrote mortgages insured by the Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), the Department of Justice announced today.  Guild Mortgage Company is…
    Press release
    October 20, 2020