ALLIED HOME MORTGAGE CAPITAL CORPORATION APPOINTS COMPLIANCE MANAGER

ALLIED HOME MORTGAGE CAPITAL CORPORATION APPOINTS COMPLIANCE MANAGER Jeanne L. Stell to oversee compliance, licensing policies and procedures for Allied Home Loan Branch Offices


HOUSTON, TEXAS – Allied Home Mortgage Capital Corporation, the nation’s largest privately held mortgage banker and broker (www.alliedhome.com), announced today it has contracted with Jeanne L. Stell to oversee the day-to-day operations of Allied’s more than 200 home loan branch offices across the US and the US Virgin Islands. 

Stell will serve as a consultant to Allied Home Mortgage, and will be responsible for ensuring the company’s branch offices meet all federal and state compliance and licensing standards, as well as fulfill Allied’s own policies and procedures. Stell is very familiar with these duties, having served as Executive Vice President of Compliance for Allied Home Mortgage from February 1998 through November 2007.

“The mortgage industry is rapidly changing, and our company continues to grow,” said Jim Hodge, CEO of Allied Home Mortgage. “It is extremely important that we help our branch managers keep abreast of regulations, licensing and procedure changes, and that we provide them with the best possible training and oversight. Jeanne is a consummate professional. I don’t know anyone with a better grasp of mortgage lending. Having her in this role will be invaluable as we continue to add branches and serve our customers.”

Stell has earned her Direct Endorsement Certification, VA Lapp and Credit Underwriting Certifications/Approvals. She also has been certified as a Continuing Education Mortgage Trainer and is a recognized Mortgage Banking Expert Witness. Stell has had several guest speaking engagements, including the American Conference Institute’s 10th Annual Forum on Responsible Mortgage Lending.

About Allied Home Mortgage:: Allied Home Mortgage is the nation’s largest privately held mortgage banker and broker with more than 200 branches throughout the US and the US Virgin Islands. Allied Home Mortgage is based in Houston Texas and has been providing residential mortgages to its customers since 1991.

Part of Allied Home Mortgage’s strength is in its ability to adapt to local market conditions and provide services that can be individualized to each customer.

Allied Home Mortgage Capital Corporation is a HUD-approved lender (US Department of Housing and Urban Development).

For more information, please visit www.alliedhome.com or call 713-353-0400.
Contact: Jerry Rose, APR
(480) 540-4966
For Immediate Release July 12, 2010