Analyst (Former Employee) – Denver, CO – July 19, 2017
Due diligence third party audits for securitization for regulatory agencies and investors to determine rating risk. Extrapolated and compiled and audit mortgage loan data to interpret and identify errors and accuracy and ensures adheres to state, federal agencies, investor and regulatory guidelines. Provided summary of findings for agency or investor reviews and reconciliation of findings.
AllonHill has an advance MVC system, that is consistanly changing.
Lead Developer (Former Employee) – Denver, CO – September 5, 2013
Zero structure in a company attempting high growth = disaster
Analyst (Former Employee) – Denver, CO – July 10, 2013
Massive turnover at the upper management level and laid off over 400 people in 2012 with no severance. There is no career path and only hire management from the outside. Capable people are under used and laid to waste. It's disconcerting that a company like this exists.
Great start up concept but still working out kinks
COMPLIANCE SPECIALIST (Former Employee) – Denver, CO – May 4, 2013
Conducted high-level reviews of consumer mortgage loans to ensure compliance with all requisite state and federal rules and regulations, as well as internal policies and procedures governing foreclosur and engaged in legal research regarding federal and state foreclosure and bankruptcy compliance requirements
Due Diligence Manager (Former Employee) – Denver, CO – February 6, 2013
I worked at Allonhill for over 3 years during which time I managed some of the largest and most profitable engagements. My efforts resulted in the regular improvement of gross margins and in deals that consistently brought in a profit.
In every other company I've worked at, including McDonald's back in my high school days, such accomplishments would have led to a salary increase and a promotion. Instead Allonhill included me in a round of layoffs this past December. No advance notice was provided, no severance package was offered (even after 3 years!), and this was weeks before Christmas!
It takes efforts to earn acclaim for how badly a company mistreats its employees and Allonhill earned that award in my book. Unfortunately, I'm not the only person who has been treated equally poorly by Allonhill (over 400 were fired in 2012 and now they're looking to hire more people!?). But don't just take my word, run a quick Google search and you'll see tons of similar responses regarding the mistreatment offered by this company.
As a final thought, Allonhill fired nearly every due diligence manager back in December and now they've realized that that may have been a bad idea. That goes to show how expandable you'll be to their future.
free coffee, soda, and bi-weekly company meetings to announce how well the company is doing
deceiptful upper management and poor career pathing
Team Lead - HAMP QC, Team Lead - Loss Mitigation (Former Employee) – Denver, CO – December 11, 2012
• This is a fast pace company with high production requirements/ goals. • Learned Servicing, compliance, and third party underwriting side of the Mortgage industry. Learned new and different styles of management that have helped enhance my management skills. • Employees are dedicated and enjoyable to work with even with the pressures they encounter with deadlines. • Upper Management open door policy is real. • Learning and developing new skills that further my knowledge in the industry.
Manager (Former Employee) – Denver, CO – December 7, 2012
During the 3 years I worked for Allonhill, I always had a feeling that my job could be axed at a moment's notice. Ironically, this feeling did not go away as the company grew nor was it diminished after my performance review scored in the top 5% within the company. Something wasn't right about the cheerleading efforts of upper management - it just seemed like they were trying too hard to convince everyone that everything was OK.
Well, my gut feeling proved right after I was laid off because of "unforeseen financial problems". And get this, my severance package amounted to zero - that's right, nothing for 3 years committed to the success of the company. Did I mention that this was a few weeks before Christmas? The lack of consideration for the welfare of its employees and the blatant incompetency of upper management make this company a terrible place to work.
I hope that you don't make the same mistake that I did and instead look for work elsewhere.
they love to spend money on frivolous activities
you can't trust what upper management says. it's one constant chain of lies.
Loan Analyst (Former Employee) – Denver, CO – December 7, 2012
The work environment was great for someone who just likes to come in and get their work done. Management/supervisory support was readily available when questions came up. The work schedule was flexible, which is very attractive. Goals are set in place and productively is stressed and monitored. The hardest part of the job was sometimes meeting the daily quota when computer issues arose or files for that day were particularly challenging.
free soda, free bus pass
laid off after less than one year due to company troubles
Marketing Administrator (Former Employee) – Denver – November 20, 2012
This was my first job out of college and it was a great learning experience. The mortgage industry was not a great fit for me personally, but Sue Allon is a remarkable CEO who truly cares about the resurgence of the industry and the well-being of her employees. I continue to keep in touch with many friends I made at Allonhill.
FORENSIC UNDERWRITER/ TEAM LEAD (Current Employee) – Denver, CO – July 5, 2012
I have and am learning what a good underwriting review looks like and what a bad decision can look like. I have learned what a bad decision and what poor underwriting results in. Being a part of the management team has been a wonderful and fun experience. I have learned what it takes to be a good leader and have the respect of my team.