
The Department of Justice announced that JP Morgan Chase would pay $614 million for violating the False Claims by knowingly originating and underwriting non-compliant mortgage loans submitted for insurance coverage and guarantees by the Federal Housing Administration and the Department of Veterans Affairs. For more info visit https://www.justice.gov/opa/pr/JP Morgan-chase-pay-614-million-submitting-false-claims-fha-insured-and-va-guaranteed-mortgage