False Claims Act cases make lenders ask ‘Where’s the reg relief?’

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Relator filed a quit tam action under the False Claims Act against Chase, alleging that Chase falsely claimed compliance with a Settlement. Relator also alleged that Chase falsely claimed compliance with the Home Affordable modification program (hamp). The DC Circuit disagreed with the district court’s conclusion that plaintiff was required to exhaust his contentions pursuant to the procedures.

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PDF FALSE CLAIMS ACT REMEDIES – lopds.com – The False Claims Act ("FCA" or "Act") provides that a person who violates the Act "is liable to the United States Government for a civil penalty of not less than $5,000 and not more than $10,000, plus 3 times the amount of damages which the Government sustains because of the act of that person . . . ." 31 U.S.C. 3729(a).1

If you have suspicions of mortgage fraud, there’s something you can do about it. The qui tam provisions of the False Claims Act allow whistleblowers to file actions alleging false claims on behalf of the government. This applies to cases where mortgages are insured or guaranteed by the government or entities that receive government funds.

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Expert testimony on industry custom and practice is generally admissible in a False Claims Act case where it otherwise meets the requirements of Rule 702, i.e. where the expert is qualified to testify on the industry in question and such testimony provides specialized knowledge helpful to the trier of fact in deciding the case. [8] Summary of.

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False Claims Act (FCA) and highlighting the most important issues for counsel to consider when defending an FCA action. Specifically, this Note explains the key FCA liability provisions, the main differences between qui tam cases and cases where the government is involved, corollary state FCAs that may be applicable in certain cases, the

Scienter or Intent Under the False Claims Act. An ordinary breach of a government contract caused by an honest mistake ordinarily does not give rise to False Claims Act liability. To prevail in a qui tam action, a relator must prove the defendant acted knowingly, i.e., that the defendant "(i) has actual knowledge of the information; (ii) acts in deliberate ignorance of the truth or falsity.