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1. Related businessesNear Columbus, OH

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     Bank Of America Mortgage

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     PNC Mortgage

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     Allied Home Mortgage Capital Corporation

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     PrimeLending

2. www.justice.gov › usao-sdtx › prSouthern District of Texas | Jury Finds Allied Home Mortgage ...

   www.justice.gov › usao-sdtx › pr

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   Nov 30, 2016 · A federal jury found Allied Home Mortgage Capital Corporation, Allied Home Mortgage Corporation and Jim C. Hodge liable for violating the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989. The jury awarded the United States $92 million in damages and penalties for fraudulently misrepresenting FHA-insured mortgage loans.

3. www.consumerfinancialserviceslawmonitor.com › 2020High Court Declines to Review Appellate Ruling on FCA ...

   www.consumerfinancialserviceslawmonitor.com › 2020

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   Jun 25, 2020 · Allied Home Mortgage Capital Corporation and Allied Home Mortgage Corporation were found liable for violating the FCA and FIRREA in a federal mortgage insurance program. The Supreme Court refused to hear their appeal on the causation standard for FCA claims, leaving them with a $300 million judgment.

4. People also ask

   Was allied home mortgage liable for mortgage fraud?

   • Last year, after a long legal battle, the government secured a victory against Allied Home Mortgage and Hodge, when a federal jury unanimously found Allied Home Mortgage and Hodge liable for civil mortgage fraud and awarded the United States a total of $92,982,775 in damages, including $7,370,132 against Hodge.

   Allied Home Mortgage ordered to pay $296 million for ... - HousingWire

   www.housingwire.com/articles/41341-allied-home-mortgage-ordered-to-pay-296-million-for-widespread-fha-fraud/

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   Are allied capital and Allied Corporation the same company?

   • Both Allied entities participated in Federal Housing Administration (“FHA”) programs but in different ways, one as a loan originator (Allied Capital) and the other as a mortgagee responsible for underwriting and funding loans (Allied Corporation).

   High Court Declines to Review Appellate Ruling on FCA Causation

   www.consumerfinancialserviceslawmonitor.com/2020/06/high-court-declines-to-review-appellate-ruling-on-fca-causation-standard/

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   Is Allied Capital HUD approved?

   • As a HUD-approved loan correspondent, Allied Capital originated FHA-insured mortgage loans and was required to seek HUD approval for each branch office from which it originated such loans. Allied Capital did not comply.

   Southern District of Texas | Jury Finds Allied Home Mortgage Entities

   www.justice.gov/usao-sdtx/pr/jury-finds-allied-home-mortgage-entities-and-ceo-liable-civil-mortgage-fraud-awards-92

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   Is allied a mortgage broker?

   • The company was also barred from issuing mortgage-backed securities through the Government National Mortgage Association (Ginnie Mae). Allied has billed itself as the nation's largest, privately held mortgage broker, with some 200 branches. (At one point, the company operated more than 600.)

   Feds File Massive Fraud Case Against Allied Home Mortgage

   www.propublica.org/article/feds-file-massive-fraud-case-against-allied-home-mortgage

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5. www.propublica.org › article › feds-file-massiveFeds File Massive Fraud Case Against Allied Home Mortgage

   www.propublica.org › article › feds-file-massive

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   Nov 1, 2011 · The government sued Allied and its founder for allegedly defrauding the FHA and costing taxpayers $834 million. The suit follows years of warnings and sanctions against the company, which had a high default rate and a culture of corruption.

6. news.bloomberglaw.com › federal-contractingSupreme Court Rejects $300 Million Mortgage Fraud Challenge

   news.bloomberglaw.com › federal-contracting

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   Jun 22, 2020 · Jim C. Hodge and companies formerly known as Allied Home Mortgage Capital Corp. and Allied Home Mortgage Corp. had challenged the U.S. Court of Appeals for Fifth Circuit’s ruling that they violated the False Claims Act by making false certifications to obtain mortgage insurance.

   • Email: dseiden@bloombergindustry.com

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7. www.hudoig.gov › newsroom › press-releaseJury Finds Allied Home Mortgage Entities and CEO Liable for ...

   www.hudoig.gov › newsroom › press-release

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   Nov 30, 2016 · HOUSTON – A federal jury has found the entities formerly known as Allied Home Mortgage Capital Corporation (Allied Capital) and Allied Home Mortgage Corporation (Allied Corporation) as well as president and CEO Jim C. Hodge liable in connection with more than a decade of fraudulent misconduct related to Allied’s participation in the Federal ...

8. www.housingwire.com › articles › 41341-allied-homeAllied Home Mortgage ordered to pay $296 million for ...

   www.housingwire.com › articles › 41341-allied-home

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   Sep 19, 2017 · At the time, the government claimed that Allied Home Mortgage and Allied Home Mortgage Capital Corporation, at Hodge’s direction, committed repeated violations of federal law by...