Items Tagged with 'Allied Hoe Mortgage Corporation'


  • Allied Home Mortgage, CEO Jim Hodge ordered to pay $92 million for FHA fraud

    Jury hands victory to U.S., which initially wanted $834 million
    A little over five years ago, the government sued Allied Home Mortgage, its various entities, and its president and CEO, Jim Hodge for $834 million, claiming that Allied engaged in repeated fraud against the Federal Housing Administration over a 10-year period. Now, after a long legal battle, the government secured a victory against Allied Home Mortgage and Hodge, as this week, a federal jury unanimously found Allied Home Mortgage and Hodge liable for civil mortgage fraud.
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