Thursday, January 15, 2026

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USDOJ

PHH Agrees to Pay Over $74 Million to Resolve Alleged False Claims Act Liability...

PHH Corp. PHH Mortgage Corp. and PHH Home Loans (collectively, PHH) have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today.

Business Real Estate Press Releases

RESO 2026 BoD captioned - All

2026 RESO Board of Directors Announced

Nine open seats on the Real Estate Standards Organization (RESO) 2026 Board of Directors have been filled after an election by RESO’s membership. Director appointments and the board’s Executive Committee have also been selected for the next year.

Recent Gov & Nonprofit Real Estate Press Releases