Archive for false claims act
Private Mortgage Insurance Under Fire = New Opportunity For Whistleblowers
by Brian Mahany and Anthony Dietz The Consumer Financial Protection Bureau – CFPB for short – was formed less than 2 years ago but has proven itself to have some muscle. Although Congress… Read more
The Secret Life Of A BofA Whistleblower
Whistleblowers are true heroes – their actions save taxpayers billions of dollars each year, help struggling homeowners and sometimes even save lives. The road can be a bit lonely however. This… Read more
Miami Loan Officer Convicted For Fraudulent FHA Condo Sales Using Downpayment “Gifts” With Nehemiah, et al.
It’s the Fourth of July as I write this post. As we celebrate Independence Day and this great democracy, I am reminded that one of the fundamental values of this nation is that no man is above the… Read more
On the Trail of a New Species of Fraud
The discovery of a previously unknown form of life, any kind of life, fascinates us. The innate fascination with the discovery of a previously unknown form of life, extinct or living, fuels many… Read more
The “Nine Lives” Of Allied Home Mortgage – HUD Goes For Kill Shot
Folk legend says cats have 9 lives. People don’t. Anyone following the storied career of Jim Hodge and Allied / AllQuestHome Mortgage might feel otherwise. We are confident, however, that the game… Read more
Breaking News: Lloyd’s Bailing on Embattled Allied Home Mortgage
By now, most of our readers and many in the mortgage industry know that we have the largest federal false claims action in the U.S., HUD’s $2.4 billion case against Allied Home Mortgage and CEO Jim… Read more
2 Whistleblowers Reap Millions in Mortgage Fraud Suit
Whistleblowers are the new American heroes. Most fraudsters get caught because someone gets fed up and turns them in. Some people are motivated by the large cash awards paid by the government, others… Read more
Whistleblowers Reaping Millions From Mortgage Crisis
Since February, all the focus of mainstream media has been about how much of the $25 billion mortgage settlement will filter down to homeowners. For many the relief comes too late, although… Read more
Net Branches – Recipe for Mortgage Fraud
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… Read more
