Government Sues Allied Home and Two Top Execs for FHA Fraud

The U.S. Department of Justice Tuesday sued Allied Home Mortgage Capital Corp. and two executives — including founder Jim Hodge — accusing them of fraudulent lending practices tied to hundreds of millions of dollars in government-backed loans.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_466/allied-home-mortgage-capital-doj-fraud-1027250-1.html

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