You’re Fired | OCC Statement: Cessation of Activities by Allonhill as an Independent Consultant Under the Independent Foreclosure Review

OCC Statement: Cessation of Activities by Allonhill as an Independent Consultant Under the Independent Foreclosure Review

WASHINGTON — As a result of information provided to the Office of Comptroller of the Currency (OCC) by Allonhill, the OCC has directed Allonhill to cease reviewing files related to the Independent Foreclosure Review as a primary independent consultant or subcontracted consultant.

The OCC took this action after Allonhill reported work for third parties that the OCC determined to be inconsistent with the independence requirements for independent consultants, prescribed by the OCC. The work at issue involved prior review for third parties of loans that are part of the same pool of loans that Allonhill was reviewing as part of the Independent Foreclosure Review. The decision does not reflect on the quality of work performed to date by Allonhill but is necessary to ensure the independence of the loan review process going forward.

SOURCE: http://www.occ.gov

For more on Allonhill see here, here and here…

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4closureFraud.org

Comments
5 Responses to “You’re Fired | OCC Statement: Cessation of Activities by Allonhill as an Independent Consultant Under the Independent Foreclosure Review”
  1. Michael says:

    Get a clue, Guys. Other than what Alison Nora said, What a bunch of sad poorly informed comments. Allonhill was honest from the start, disclosed every possible thing that they could, the OCC signed off on it all and said it was fine, and then a year later they need a fall guy to boost their own stale reputation so they all of the sudden take issue with things that they had initially said were perfectly acceptable. And you are ripping on Sue Allon and Allonhill? People like you swallow Government propoganda left and right and end up with your freedom stripped and your lives in danger. Wake up.

  2. Tammy says:

    Companies like Allonhill should not exist. Sue Allon encourage fraudulent loan reviews and she knew the loans were not reviewed correctly. Shame on you Sue

  3. Molly says:

    Sue Allon is killing the future of America wih her corrupt loan reviews. She’s only good at writing blogs edited by professional writers and posting them under her name. I work there and I know that I will be fired soon because OCC fired Allonhill.
    Thank you OCC for puting an end to the most unethical company I have ever seen in my life.

  4. Attorney Wendy Alison Nora says:

    Allonhill’s lack of independence was known before it was given the contract. I wonder why the OCC is firing them now. They should never have been hired in the first place.

    • Debie says:

      I agree. I work there and I’m so disappointed to see how unstable the company is and how many banks have cancelled their loan review projects with Allonhill. Also, Sue Allon fired 250 employees last Friday after she knew that Allonhill was fired by the OCC.

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