PFCRAProgram Fraud Civil Remedies Act
References in periodicals archive ?
While the Mortgagee Review Board administratively sanctions a company, HUD may work with the Department of Justice to sanction lenders under the PFCRA and False Claims Act.
Under PFCRA, a false statement or claim can result in a civil money penalty of $7,500 per violation.
HUD initiated debarment and PFCRA penalty actions against the underwriter.