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

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.
Real Estate Lawyer Indianapolis Indiana
Jynell Berkshire

Ms. Berkshire is the founding attorney of BERKSHIRE LAW. Ms. Berkshire is a seasoned attorney who focuses her practice on real estate and business law, government relations, and certified business enterprises services. Read More >

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