The United States has filed a complaint under the Financial Institutions Reform, Recovery and Enforcement Act of 1989 and the False Claims Act against Nutter Home Loans, f/k/a James B. Nutter & Co. (Nutter), for forging certifications and using unqualified underwriters to approve Federal Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research’s implementation of the responsibilities stated in the Geospatial Data Act of 2018 (The Act).  We performed this review in response to a congressional mandate that HUD’s geospatial Read More

As part of the Office of Inspector General’s (OIG) effort to provide oversight of the U.S. Department of Housing and Urban Development’s (HUD) relief efforts provided by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), we reviewed HUD’s responses to inquiries regarding Read More

We audited the effectiveness of selected business process application-level general controls and data management controls over the Government National Mortgage Association (Ginnie Mae) Financial Accounting System (GFAS) and its subledger database (SLDB) component as part of the internal control Read More

We audited selected controls of U.S. Department of Housing and Urban Development’s New Core Interface Solution application as part of the internal control assessments for the fiscal year 2019 financial statement audit.  Our objective was to review the controls for compliance with Federal Read More

ATLANTA – Twelve defendants have been charged in a mortgage fraud scheme allegedly spanning more than four years and resulting in the approval of more than 100 mortgages based on fabricated documents and false information.  Many of the loans are insured by the Federal Housing Administration ( Read More

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), has completed its risk assessment of HUD’s travel cards as required by the Government Charge Card Abuse Prevention Act of 2012 (Public Law 112-194).  Our objective was to assess the risks of illegal Read More

BUFFALO, N.Y. - U.S. Attorney James P. Kennedy Jr. announced today that Alagi Samba, 50, of Bronx, NY, who was convicted of conspiracy to commit wire and mail fraud affecting a financial institution, was sentenced to time served by Chief U.S. District Judge Frank P. Geraci, Jr. The defendant was Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of portability in the Housing Choice Voucher Program based on a congressional inquiry from Senator Grassley’s office.  Our audit objective was to determine whether HUD had adequate oversight of portability in the Read More

We audited Mid America Mortgage’s, dba 1st Tribal Lending’s, Section 184 Indian Home Loan Guarantee program based on a previous U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audit and corrective action verification of the Section 184 program, which determined Read More

We audited Vineville Christian Towers’ (project) Rental Assistance Demonstration Program (RAD) conversion in accordance with our annual audit plan.  Our audit objective was to determine whether the project’s RAD conversion to the Section 8 Project-Based Voucher Program was completed in Read More

CHICAGO — An ongoing federal criminal investigation into the failure of a Chicago bank has resulted in charges against four new defendants, all of whom worked for the bank. Washington Federal Bank for Savings was shut down in December 2017 after the Office of the Comptroller of the Currency Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of lead in the water of multifamily housing units based on our goal of strengthening the soundness of multifamily housing.  The audit was part of the activities in our fiscal year 2019 audit plan.  Our Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of lead in the water of Housing Choice Voucher Program and public housing program (assisted) units based on our goal of strengthening the soundness of public and Indian housing.  The audit was part of the Read More

United States Attorney Joe Kelly announced that James R. Barger, Jr., 49, was sentenced today in federal court in Omaha for harboring illegal aliens for commercial advantage and private financial gain. United States District Judge Robert F. Rossiter, Jr., expressing concerns about COVID-19 in the Read More

CHICAGO — A north suburban financial adviser has been indicted on federal fraud charges for allegedly swindling clients who had sought her assistance in purchasing a new home after foreclosure. MARY MARTINEZ, also known as Mary Flores, 53, of Glencoe, is charged with ten counts of wire fraud in an Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) controls over employee benefits expensed at public housing agencies (PHA) due to a previous external review of the Waterbury, CT, Housing Authority, which determined that employee benefits expensed were unsustainable.  Our Read More

NEWARK, N.J. – The Department of Justice announced today that it has filed a lawsuit alleging that the owner of rental properties in Elizabeth, New Jersey, violated the Fair Housing Act by subjecting tenants to sexual harassment, U.S. Attorney Craig Carpenito announced. The complaint alleges that Read More

Tampa, Florida – U.S. District Judge Mary S. Scriven today sentenced Vladimir Volgaev (69, Sarasota) to two years and nine months in federal prison for theft of government property and smuggling goods from the United States, in violation of the International Traffic in Arms Regulations. The court Read More

HUD OIG drafted a fraud bulletin outlining potential common reverse mortgage schemes that borrowers may face, along with actions to take and not take if you are considering a reverse mortgage loan.