FCA Proposal Is Unfair And Would Hinder Economic Growth

Claud Mccoid

As American sector moves toward constructing again improved in the facial area of a continuing pandemic, Sens. Chuck Grassley, R-Iowa, and Patrick Leahy, D-Vt., have released the Bogus Statements Amendments Act of 2021, proposing revisions to the Bogus Claims Act that could scuttle these efforts prior to they commence by drastically switching a critical unanimous U.S. Supreme Court precedent….
By: Akin Gump Strauss Hauer & Feld LLP

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OCC Fines Bank $250 Million over Home Loss Mitigation Program and Violation of Prior Consent Order

The Office of the Comptroller of the Forex (OCC) lately introduced a consent order requiring a massive countrywide financial institution to pay out a $250 million good, based mostly on alleged flaws in the bank’s household mortgage decline mitigation application, and unsatisfactory compliance hazard administration and consumer remediation required by […]