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At the time, the government claimed that allied home mortgage and Allied home mortgage capital corporation, at Hodge’s direction, committed repeated violations of federal law by falsely certifying the.
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Home equity refers to the appraised value of your home minus the amount you still owe on your loan. The more equity you have, the more money you may be able to get from a cash-out refinance. Many homeowners take cash out to pay off high-interest debt or make home improvements.