Article: United States Settles False Claims Act Allegations Against National Home Builder and Mortgage Lender

To: REAL ESTATE EDITORS

Contact: U.S. Department of Justice, +1-202-514-2007, TDD +1-202- 514-1888

WASHINGTON, July 1 /PRNewswire-USNewswire/ -- Beazer Homes USA Inc. has agreed to pay the United States $5 million, plus contingent payments of up to $48 million to be shared with victimized private homeowners, to resolve allegations that it, and Beazer Mortgage Corp., were involved in fraudulent mortgage origination activities in connection with federally insured mortgages, the Justice Department announced today. Beazer Homes, which is headquartered in Atlanta, operates in at least 21 states.

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