Items Tagged with 'DEPARTMENT OF JUSTICE'

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  • Reverse mortgage servicer Celink settles lawsuit for $4.25 million

    Suit alleges Celink wrongfully collected interest on FHA insurance
    Celink settled a federal lawsuit regarding allegations that it violated the False Claims Act in relation to its servicing of reverse mortgage loans. The Michigan-based servicer agreed to shell out $4.25 million to resolve the claim that it wrongfully collected interest on FHA insurance for five years.
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