Mortgage Whistleblower Will Be Awarded About $1.6 Million

The Government will pay a whistleblower about $1.6 million.

O’Donnell v. Bank of America Corp et al, U.S. District Court, Southern District of New York, No. 12-01422.

Edward O’Donnell is former Countrywide executive who filed a whistleblower lawsuit that became the basis of the Justice Department’s case.

The jury decided on October 23, 2013 that former Countrywide executive, Edward O’Donnell, stands to earn up to $1.6 million. He currently works as an executive at Fannie Mae.

There is a lot of fraud in the MORTGAGE SEGMENT of the field services industry.

Learn about the False Claims Act.

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