BB&T Pays $83 Million Settles Mortgage False Claims Act Beef

Underwriting fraud is certainly back in the news these days. Earlier this week we posted a story about Regions Bank and their $52 million settlement with the Justice Department. Now the bank in the Justice Department’s crosshairs is Branch Banking & Trust Company, better known as BB&T. Both companies were prosecuted under a Civil War era whistleblower statute known as t ...Read the full article