Review Mortgage Lenders

Allied Mortgage Capital

Home Loans Chester VA Allied Home Mortgage Capital Corp.

(804) 796-1173 Home Loans Chester VA Mortgage Loan Refinance Finance Lending Modifications Hard Money Stream Line FHA VA www.mortgageasap.com Our ...

Brookmont Capital Management Has Upped Microsoft (MSFT) Stake; Community Bankers Trust (ESXB) Sentiment Is 1.89

The Brookmont Capital Management holds 22,395 shares with $1.54M value, up from 7,964 last quarter. Microsoft Corp now has $641.16 billion valuation. The stock rose 0.05% or $0.04 reaching $83.15 per share. About 20.43 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since November 22, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Community Bankers Trust Corporation is the holding firm for Essex Bank . The company has market cap of $181.89 million. The Bank is engaged in a general commercial banking business and provides a range of financial services to individuals and small businesses, including individual and commercial demand and time deposit accounts, commercial and industrial loans, consumer and small business loans, real estate and mortgage loans, investment services and safe deposit box facilities. It has a 17.58 P/E ratio. Essex Services, Inc., a subsidiary of the Bank, and its financial consultants offer a range of investment products and alternatives.

Jury Awards $93 Million in Federal Fraud Case Against Allied Home Mortgage

A federal jury has ordered two Texas-based home mortgage companies and their chief executive to pay nearly $93 million for defrauding the government by issuing improper and risky home loans that later defaulted.

The companies, formerly known as Allied Home Mortgage Capital Corp. and Allied Home Mortgage Corp, and their founder, Jim C. Hodge, were the subject of July 2010 stories by ProPublica , which detailed a trail of alleged misconduct, lawsuits and government sanctions spanning at least 18 states and seven years. Borrowers said they’d been lied to by Allied employees, who in some cases had siphoned loan proceeds for personal gain. Some borrowers had lost their homes.

Despite the years of warnings, the federal government didn’t restrict Allied’s ability to issue mortgages until 2011, when prosecutors intervened in a pending whistleblower case and sued Hodge and both Allied companies in U.S. District Court in Manhattan. Simultaneously, the U.S. Department of Housing and Urban Development suspended Allied and Hodge from issuing loans backed by the Federal Housing Administration. Allied was also barred from issuing mortgage-backed securities through the Government National Mortgage Association (Ginnie Mae).

Why do Obama supporters claim Hillary and Barack don't differ on policy?

They differ greatly. Look at their different stances on Iran, our allies and on national security. Look at their different economic plans. Obama has greater spending plans and is going to raise capital gains tax about 10% higher than Hillary.


I happen to think Obama has better answers to our problems. He is much more realistic. The capital gains tax only hurts rich people. Hillary wants to mandate health care coverage. That means that it will be against the law to not buy health care insurance.