Universal American Mortgage Company LLC (UAMC)

CA 2018 Community Banks / Credit Unions

DOJ False Claims Act

Penalty

$13.2 million

Outcome

Universal American Mortgage Company LLC (UAMC) Agrees to Pay $13.2 Million to Resolve False Claims Act Allegations Related to Loan Guarantees

Details

Universal American Mortgage Company LLC (UAMC) — DOJ Enforcement (2018)

Outcome: Universal American Mortgage Company LLC (UAMC) Agrees to Pay $13.2 Million to Resolve False Claims Act Allegations Related to Loan Guarantees

How Crucible Prevents This

Crucible's billing compliance controls enforce documentation-to-claims reconciliation and flag billing anomalies before false claims are submitted.

Source: DOJ Press Release — Universal American Mortgage Company LLC (UAMC) Agrees to Pay $13.2 Million to Resolve False Claims Act Allegations Related to Loan Guarantees

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