Recall the story of Al and Erin Hill? A source now tells me that major changes have been made in the Hill household over there on Bordeaux. Last week, according to sources, employees were told they would be paid until the end of the month, and then their services would no longer be needed. And the Hills reportedly said they would be moving, but they did not say where or when. All employees have been paid in full, graciously thanked, and given letters of recommendation, though rumor has it the nanny brigade was downsized months ago.

This could have nothing to do with it, but in early April, Al G. Hill III, descendant of legendary oilman H.L. Hunt, and  his wife, Erin Nance Hill, were indicted 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.

The charges centered 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, and allegedly 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. Not sure yet what has become of the lawsuit, but we do wish the Hills the best.

 

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.