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Academy Mortgage To Pay $38.5M In FCA Suit Over Bad Loans

By Gina Kim · December 14, 2022, 7:20 PM EST

Academy Mortgage will pay $38.5 million to resolve a False Claims Act case filed in California federal court by a former underwriter-turned-whistleblower who alleged the mortgage lender for years was pushing...

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Case Information

Case Title

United States of America et al v. Academy Mortgage Corporation

Case Number

3:16-cv-02120

Court

California Northern

Nature of Suit

Other Statutes: False Claims Act

Date Filed

April 21, 2016

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