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News/Compliance & Enforcement/Guild Mortgage Company to Pay $24.9 Million to Resolve Allegations it Knowingly Caused False Claims for Federal Mortgage insurance
Expert Opinion·Compliance & Enforcement Brief

Guild Mortgage Company to Pay $24.9 Million to Resolve Allegations it Knowingly Caused False Claims for Federal Mortgage insurance

Guild Mortgage Company has agreed to pay almost $25 million to resolve allegations that it knowingly breached material program requirements when it originated and underwrote mortgages insured by HUD's Federal Housing Administration.

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