
A decade-long scheme of systemic fraud by Houston-based Allied Home Mortgage Capital Corp. cost taxpayers $834 million in insurance claims on defaulted loans and forced thousands of the company’s customers to lose their homes through mortgages that were “doomed to fail,” according to a lawsuit filed by a former branch manager of the company and which the U.S. government officially joined yesterday. Allied Home, which is based in offices at 6110 Pinemont Dr. (above) off the Northwest Fwy. not far from Houston’s new FBI HQ, claims to be the largest privately held mortgage company in the country (99 percent of the company is owned by founder Jim Hodge), with 200 branches, down from a high of 600. Separately, the company has now been suspended from issuing any FHA-backed loans or GNMA-backed mortgage securities.

After surveying a stretch of land mostly along White Oak Bayou from 11th St. to Lawrence Park, Chronicle blogger Martin Hajovsky says he doesn’t see any traffic problems that would stand in the way of a connection between the Katy/MKT hike-and-bike trail and the White Oak Bayou trail. A bayou-side hookup, which would create a continuous off-road path from Downtown to Oak Forest, is just one segment of grander bayou bikepath plans contained in the Bayou Greenway Initiative, which the Houston Parks Board is working on piece by piece. 
“That Shipley’s must draw folks from miles around. Theres almost always a long line of cars, often extending out onto Ella. I am always amazed too at the long lines late at night…who eats donuts at 11pm? I guess they’re night shift workers.
Yep, they need to re-do that whole shopping plaza and center it around that Shipleys, providing tons of drive-thru space :)” [


“My neighbor lived in what you would consider a ‘tear down.’ For several years she struggled with selling and moving or rebuilding on the lot. A big factor in the decision was finding a builder that would keep the integrity of the lot and not cut down the gem – a 100 year old tree that is 4′ in diameter. She thought that she found the builder that respected the tree and had the same vision while simultaneous[ly] she found her dream home over in Garden Oaks. . . . Shortly after the transition, a family bought the lot and are ready to build . . . I have 2 neighbors including myself that would take this tree. 
