For the past several years, the False Claims Act has been at the forefront of enforcement efforts involving Federal Housing Administration (FHA)-approved mortgagees by the US Department of Housing and Urban Development (HUD) and the US Department of Justice (DOJ). This week, HUD released proposed changes to its loan-level certifications and final changes to its annual certifications and defect taxonomy with the stated goal of addressing some of the uncertainty FHA lenders face in connection with the False Claims Act. Please join Mayer Brown partner Krista Cooley on October 31 for a discussion regarding:

  • FHA’s annual and loan-level certification changes
  • FHA’s defect taxonomy amendments
  • Updates to HUD and the DOJ’s approach to False Claims Act enforcement

Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.