
Financial Freedom agreed to a settlement with the United States of more than $89 million to resolve allegations that it violated the False Claims and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 in connection with its participation in a federally insured Home Equity Conversion Mortgages (HECM) or reverse mortgage program. For more info visit https://www.justice.gov/opa/pr/financial-freedom-settles-alleged-liability-servicing-federally-insured-reverse-mortgage