Posts Tagged Allied Home Mortgage
Updating The Allied Home Mortgage Saga – false claims post
Posted by admin in Fraud Recovery on February 7, 2013
by Joseph Bird It has been a while since we updated you on Allied Home Mortgage, especially the US v Allied and Americus 2.5 billion dollar False Claims Act civil lawsuit. Since our last update, the case was transferred to a Houston, Texas Federal District Court. Many or the other peripheral cases have gone into [...]
Allied Home Mortgage and Pinocchio
Posted by admin in Fraud Recovery on August 27, 2012
by Joe Bird, Esq. Many of us were introduced to the concept of lying and its destructive powers through the story of little Pinocchio. A wooden puppet magically animated, yet unable to lie without his wooden nose growing longer and longer with each lie. Real life often mimics classic tales. Take for example little Jim [...]
The Man Behind The Curtain II – Jim Hodge and Allied Home Mortgage
Posted by admin in Foreclosure Defense, Fraud Recovery on June 4, 2012
by Joe Bird In recent months, Jim Hodge, the owner, CEO and chief wizard in charge of all companies Allied, has announced he wants to “restore his reputation” and that he would love to chat with the media, but was “traveling”. It is unclear where he is traveling to, but he is on the run [...]
Breaking News: Lloyds Bails on Allied Home Mortgage
Posted by admin in Foreclosure Defense, Fraud Recovery on May 16, 2012
by Brian Mahany By now, most of our readers and many in the mortgage industry know that we have the largest federal false claims action in the U.S., HUD’s $2.4 billion case against Allied Home Mortgage and CEO Jim Hodge. We have proudly represented former Allied employees who didn’t get paid and the American taxpayers [...]
FRAUD and the “Heart of Darkness” Reprised
Posted by admin in Fraud Recovery on April 1, 2012
by Joe Bird (Joe Bird is co-counsel in the action brought by the United States against Allied Home Mortgage and its founder, Jim Hodge. This post solely reflects the opinion of the author and not the United States government. It is based on his years of litigation against Allied.) Fraud is something that thrives in [...]
The Bully Behind the Curtain
Posted by admin in Fraud Recovery on February 3, 2012
by Joe Bird Like many of you, at Mahany & Ertl we routinely encounter bullies and trash talkers. So often in the world of fraud, those who protest and threaten the loudest are the biggest frauds and bullies. As in the Wizard of Oz, they just need a determined canine of modest proportions to pull [...]
New Action Against Allied Home Mortgage
Posted by admin in Fraud Recovery on November 6, 2011
by Brian Mahany Our action against Allied Home Mortgage, which the court ordered unsealed last week after being adopted by HUD and the U.S. Attorney’s Office, is certainly the big news in the mortgage world. The feds now have billion dollar + claims against Allied and Deutsche Bank. Hopefully others will follow. American taxpayers have [...]
Beginning of the End for Allied Home Mortgage and Jim Hodge?
Posted by admin in Fraud Recovery on May 18, 2011
by Brian Mahany Jim Hodge and his company, Allied Home Mortgage Corporation, are no strangers to controversy. Lawsuits by lenders, arbitration claims by former branch managers, enforcement actions by at least 9 states, HUD and FHA complaints and one of the highest default rates on their mortgages in the country to name just a few [...]
Allied Home Mortgage TERMINATED From HUD Program
Posted by admin in Legal Malpractice on May 5, 2011
by Brian Mahany Allied Home Mortgage is no stranger to controversy. Although the largest private mortgage lender in the U.S., it has been the subject of numerous regulatory investigations and lawsuits. According to the Federal Register, Allied was just terminated by HUD from the Direct Endorsement program. The Direct Endorsement program allows Allied and other [...]
More Ex Allied Home Mortgage Employees Come Forward
Posted by admin in Fraud Recovery on March 20, 2011
by Brian Mahany Recently we partnered with other lawyers to take up the cause of a former branch manager of Allied Mortgage (see March 3rd’s post on Allied Home Mortgage). Since that post, we have discovered and heard numerous horror stories about the company from customers, lawyers, regulators and former Allied employees. This post comes [...]
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