Violation Tracker Individual Record

Company: 
Allied Home Mortgage
Current Parent Company: 
Americus Mortgage
Penalty: 
$296,298,325
Year: 
2017
Date: 
September 19, 2017
Primary Offense: 
fraud
Secondary Offense: 
mortgage abuses
Violation Description: 

Fraudulent misconduct while participating in the Federal Housing Administration mortgage insurance program.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
U.S. Attorney-Southern District of New York
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Texas
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
mortgage banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.