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Línea Directa

REPORTAR FRAUDE, DESPERDICIO O ABUSO
  • Recommendation Number: 2018-CF-1801-001-C
  • Status: Closed
  • Date Issued: Marzo 23, 2018
Closed Date:
Agosto 06, 2018

Acknowledge that the attached settlement agreement for $1,500 represents an amount due HUD from the borrower’s son.

Publication Report

2018-CF-1801 | Marzo 23, 2018

Final Civil Action – MetLife Home Loans, LLC, and a Borrower’s Son Settled Allegations of Failing to Comply with HUD’s Federal Housing Administration HECM Loan Requirements

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), conducted a review of a Federal Housing Administration (FHA) home equity conversion mortgage (HECM) underwritten by MetLife Home Loans, LLC.  MetLife is... más

Related Recommendations

General Counsel

  •  
    Status
      Open
      Closed
    2018-CF-1801-001-A
    Closed on Marzo 23, 2018
    $4,000.00
    Questioned Costs

    Recommendations with questioned costs identify costs: (A] resulting from an alleged violation of a law, regulation, contract, grant, or other document or agreement governing the use of Federal funds; (B] that are not supported by adequate documentation (also known as an unsupported cost]; or (C] that appear unnecessary or unreasonable.

    Summary

    Acknowledge that the attached settlement agreement for $4,000 represents an amount due HUD from MetLife.

  •  
    Status
      Open
      Closed
    2018-CF-1801-001-B
    $95,769.00
    Funds Put to Better Use

    Recommendations that funds be put to better use estimate funds that could be used more efficiently. For example, recommendations that funds be put to better use could result in reductions in spending, deobligation of funds, or avoidance of unnecessary spending.

    Summary

    Enforce the indemnification agreement in the attached settlement agreement to prevent an estimated $95,769 loss to HUD. This represents an amount due HUD from MetLife for indemnifying and holding HUD harmless for any and all losses HUD incurs or has incurred in connection with FHA loan number 137-4740973.