PHH reaches $75 million settlement with DOJ over False Claims Act violations

PHH Corp. announced it settled with the U.S. Department of Justice to resolve issues over alleged False Claims act violations. PHH said it settled with the DOJ on behalf of the Department of Housing and Urban Development and separately with the DOJ on behalf of the U.S. Department of Veteran Affairs and the Federal Housing Finance Agency. The settlement resulted in PHH having to pay a whopping $75 million. Click the headline to read more.

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