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Nations Financial Agrees to spend $52.4 Billion to resolve So-called Not true Claims Act Liability As a result of FHA-Covered Home loan Credit

Countries Lender (Regions) keeps offered to spend $52.4 billion with the United states to answer allegations which violated the newest False Claims Operate from the consciously originating and you will underwriting mortgage financing covered of the You.S. Company from Housing and you may Metropolitan Development’s…