by Brian Mahany Folk legend says cats have 9 lives. People don’t. Anyone following the storied career of mortgage pirate Jim Hodge might feel otherwise. We are confident, however, that the game is finally over. Yesterday, HUD’s Mortgagee Review Board started the process to shut down Hodge once and for all. A letter from the […]
Net Branches – Recipe for Mortgage Fraud
by Brian Mahany Mortgage net branches – they are everywhere. If set up properly they help people get into the mortgage business with low start up costs. The benefits include access to a national network, more products and more lending lines. Customers get better rates while independents can enter the business without millions in start […]
The Bully Behind the Curtain
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 […]
Allied Home Mortgage TERMINATED From HUD Program
[Ed. Note: When we first posted this article, the Justice Department’s investigation into Allied Home Mortgage and its owner, Jim Hodge, was well under way. A federal court in Houston would later sanction Allied Home Mortgage for over $300 million. That case was a whistleblower case and we are proud to have filed it. Because […]