“Fraud” is the word used most to talk about what is happening in the MORTGAGE SEGMENT of the field services industry. You are an $10 an hour staff member in a large national mortgage field services company. You are deep into the operation of the firm and you know what is happening … you are aware of the fraud. Your boss is committing fraud against the Government … the taxpayer … you. Your boss is a rat … a fraudster. The fraud pays the lease on the new Mercedes that the boss drives. The boss is out of the office on most days. You get $10 an hour while you watch the fraud happening very day.
YOU can rat-out your crooked boss and make millions of dollars and retire early.
There is BIG MONEY to be made in MORTGAGE FRAUD.
Dec 17 (Reuters) – A former executive of Countrywide Financial, who led a jury to find parent company Bank of America Corp liable for fraud over shoddy mortgages the company sold, will receive a $57 million award for another whistleblower case against his former employer, according to federal court documents.
Edward O’Donnell had filed a whistleblower lawsuit that accused Countrywide of defrauding government-backed mortgage finance companies Fannie Mae and Freddie Mac by selling them loans that were not as good as the company represented them to be. The case became known as the “Hustle” case due to the Countrywide process through which the loans were sold, which was technically referred to as HSSL.
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