Al and Erin Hill Charged with Mortgage Fraud – Dallas Real Estate News

This is why it probably pays to subscribe to the Dallas Morning News, who is reporting that Al G. Hill III, descendant of legendary oilman H.L. Hunt, and his wife, Erin Nance Hill, were indicted last week on several felony counts of mortgage fraud.

A grand jury returned three counts of making a false statement to obtain property or credit and one count of securing execution of a document by deception against Al,  age 40. His wife, Erin, age 38, was also charged with two counts of making a false statement and one of securing execution of a document by deception.

This centers on the Hills obtaining a loan for more than $200,000 from OmniAmerican Bank in 2009 by claiming to be sole owners of their Highland Park home, falsifying his income and her assets. Al, for example, claimed a monthly income of $54,341 while Erin claimed to have more than $100,000 in a bank account.

According to the Dallas Central Appraisal District website, the couple owns only 20 percent of their $1.9 million home on Bordeaux. The majority interest is owned by the Albert Hill Trust, whose beneficiary is Al III’s father, Al Hill Jr. And of course father and son have been embroiled in a long, sad, bitter civil suit for several years over the estate, Al III claiming mismanagement and wanting more millions. A confidential source tells me the Hills have pared down their lifestyle somewhat: whereas Erin used to have a nanny for each child and a cook, there is now a house manager who also tends the children, two housekeepers and gardeners. There was a settlement last spring, but last week, Al III filed an appeal in federal court, which the News apparently found.

Mortgage fraud ain’t no laughing manner — you don’t lie or fib on loan applications. The charges are first-degree felonies, with a punishment range of probation or five years to life in the penitentiary.

It is time to dig out an interview I did with Al, Jr. last spring after the settlement. This story is developing.

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  • Is this the couple with the gigantic Nieman's bills every month who were introduced by another of the Hunts?

  • Is this the couple with the gigantic Nieman's bills every month who were introduced by another of the Hunts?

  • Let's be real clear here. Everyone in this family no matter how they cut is a member of the lucky sperm club, but part of me wonders how lucky they are. I have never seen more in fighting and greed amongst people who would never be able to spend this type of money even if they tried.

    The wife was after one thing when she arrived in Dallas, Texas and it wasn't love. Al III, although probably a good guy deep down, is perhaps the most gullible human being to walk the planet earth. Broads like Erin Hill give you the time of day for a reason. It's truly sad, but the family has themself to blame for not calling her to the mat back in the late 90s. While they can blame Al III, each of them are just as stupid as he was for ever allowing this to come to fruition.

    This entire family has no idea how fortunate they are, and nor will they ever know the value of a hard day's work. Each have been provided a golden parachute for the rest of their lives, but it leads me to wonder does more money just create more problems. I tend to think it does.

    This is a sad sad story and frankly embarrassing for all. I feel for the grandchildren and children who have to live with this burden for years and years to come. The writing is on the wall, the family is behind this case of mortgage fraud hoping it will be the straw to break the marriage.

    Al 3 has no choice—it is either get you a thing called a job or make peace with your old man and let Mrs. Nance take it on back to Georgia where she can find another money tree. The Family has themself to blame for not seeing this before it all started.

    Now all of them will live the rest of their lives wondering what people are saying behind their back. Not a fun life to live no matter how wealthy you.

  • Let's be real clear here. Everyone in this family no matter how they cut is a member of the lucky sperm club, but part of me wonders how lucky they are. I have never seen more in fighting and greed amongst people who would never be able to spend this type of money even if they tried.

    The wife was after one thing when she arrived in Dallas, Texas and it wasn't love. Al III, although probably a good guy deep down, is perhaps the most gullible human being to walk the planet earth. Broads like Erin Hill give you the time of day for a reason. It's truly sad, but the family has themself to blame for not calling her to the mat back in the late 90s. While they can blame Al III, each of them are just as stupid as he was for ever allowing this to come to fruition.

    This entire family has no idea how fortunate they are, and nor will they ever know the value of a hard day's work. Each have been provided a golden parachute for the rest of their lives, but it leads me to wonder does more money just create more problems. I tend to think it does.

    This is a sad sad story and frankly embarrassing for all. I feel for the grandchildren and children who have to live with this burden for years and years to come. The writing is on the wall, the family is behind this case of mortgage fraud hoping it will be the straw to break the marriage.

    Al 3 has no choice—it is either get you a thing called a job or make peace with your old man and let Mrs. Nance take it on back to Georgia where she can find another money tree. The Family has themself to blame for not seeing this before it all started.

    Now all of them will live the rest of their lives wondering what people are saying behind their back. Not a fun life to live no matter how wealthy you.

  • I just wish that everyone would read stuff like this and think "oh my goodness , that could be me" . for something I didn't do. I think it's best to wait till they are Convicted… before we pass judgment. How many people do we know that are indicted and never convicted.. It also seems to me that it's pretty scetchy for a Bank to take their word for it.. my goodness.. to get a loan of that size with no one checking.. i say go after the banker.. it's the exact same thing that happened to people when their lender told them "oh, I can get you in the house for "$$'s" well, that's all well and good till the house becomes worth 1/3 of the loan amount.. I am just saying.. some may be jealous of their lifestyle but let's wait to see if they are convicted first then pass judgement..

    Enjoy this blog so much.

  • I just wish that everyone would read stuff like this and think "oh my goodness , that could be me" . for something I didn't do. I think it's best to wait till they are Convicted… before we pass judgment. How many people do we know that are indicted and never convicted.. It also seems to me that it's pretty scetchy for a Bank to take their word for it.. my goodness.. to get a loan of that size with no one checking.. i say go after the banker.. it's the exact same thing that happened to people when their lender told them "oh, I can get you in the house for "$$'s" well, that's all well and good till the house becomes worth 1/3 of the loan amount.. I am just saying.. some may be jealous of their lifestyle but let's wait to see if they are convicted first then pass judgement..

    Enjoy this blog so much.

  • Most men cut the apron strings with their families at age 16 22, age 40 is a bit late. 3s money is all gone now. An inheritence is a gift of grace from ones family, not an entitlement. HL left this money out of his love for his family now they are fighting over money they didn't earn, so sad.
    Can anyone spell J O B.

  • Most men cut the apron strings with their families at age 16 22, age 40 is a bit late. 3s money is all gone now. An inheritence is a gift of grace from ones family, not an entitlement. HL left this money out of his love for his family now they are fighting over money they didn't earn, so sad.
    Can anyone spell J O B.