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Home » Store » Inside Mortgage Finance » FCA Liability Could Expand with Wells/Wachovia Case (IMF)

FCA Liability Could Expand with Wells/Wachovia Case (IMF)

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Inside Mortgage Finance

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A lawsuit involving Wells Fargo, Wachovia and emergency lending facilities by the Fed during the financial crisis has the potential to expand the application of liability under the False Claims Act. An appeals court recently ruled against Wells in the case.

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