Adam Feinberg Quoted in Servicing Management on False Claim Act Risks for FHA Servicers
Subtitle
"Does FHA Claim Processing Amount to the Next Servicing Nightmare?"
Subtitle
"Does FHA Claim Processing Amount to the Next Servicing Nightmare?"
Servicing Management
Adam Feinberg comments on the risk for False Claims Act litigation for FHA loan servicers. "Certainly the potential for False Claims Act liability lies with servicers just as it does with originators," says Feinberg. "An alleged false claim in the FHA context could arise because of fraud in the origination of a mortgage, but that doesn’t have to be the case."
This article also appeared in Mortgage Orb.