BOSTON – The president and founder of a Falmouth mortgage company pleaded guilty yesterday in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million. Robert Pena, 68, of Falmouth, pleaded guilty to one count of conspiracy and six counts of wire fraud.  U.S. Senior District Court Judge Mark L. Wolf scheduled sentencing for Jan. 5, 2018. Pena was...

Testimony before the U.S. House of Representatives Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies

Testimony before the U.S. House of Representatives Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies

  Testimony before the U.S. Senate Committee on Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies. Topic: "HUD Office of Inspector General Fiscal Year 2017 Budget Request and HUD’s Top Management and Performance Challenges". You may view the hearing through the Senate Committee’s page at United States Senate Committee on Appropriations.

Los propietarios de propiedades asistidas o aseguradas por el Departamento de Vivienda y Desarrollo Urbano (HUD, por sus siglas en inglés) de los Estados Unidos también deben tener un sistema de control de calidad sobre las operaciones del proyecto, especialmente si son propietarios ausentes que dejan las operaciones diarias a un agente administrativo. Los propietarios deben conocer los riesgos que enfrentan debido a los errores y fraudes que...