Final Civil Action: PHH Corporation Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Loan Requirements
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the U.S. Department of Justice (DOJ) and the U.S.
Septiembre 28, 2017
Baker Tower, Denver, CO, Incorrectly Disbursed Funds and Did Not Correctly Administer the Project’s Security Deposit Account
We audited Baker Tower Apartments, LLC (corporation), located in Denver, CO, based on data showing that the corporation had taken more than $3.4 million in owner distributions since 2013 and scored poorly on its most current Real Estate Assessment Center physical property inspection. The objective of our audit was to determine whether the corporation complied with the regulatory agreement and U.S.
Septiembre 21, 2017
We audited the Kentucky Housing Corporation’s administration of the U.S.
Septiembre 30, 2016
Final Civil Action – Regions Bank Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Loan Requirements
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the U.S. Department of Justice, Washington, DC, and the U.S.
Septiembre 29, 2016
Freedom Mortgage Corporation Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Loan Requirements
Septiembre 19, 2016
The Members and Operator Did Not Comply With the Executed Regulatory Agreement and HUD’s Requirements for Saltillo Assisted Living, Saltillo, MS
We audited Saltillo Assisted Living (project), an assisted living facility located in Saltillo, MS, based on a referral from the U.S.
Agosto 02, 2016
The Owner of a HUD-Insured Multifamily Property Settled Proposed Debarment From Participating in All Procurement and Nonprocurement Transactions With the Executive Branch of the Federal Government for a 5-Year Period
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General (OIG) performed a review of The Retreat at Church Ranch bank records based on our audit conducted of the project. Our review disclosed that the owner allegedly made payments for personal expenses from the project’s bank account. We requested that HUD pursue proceedings against the owner.
Marzo 23, 2016
We are conducting an audit survey of Saltillo Assisted Living (project) based on a referral from the U.S.
Diciembre 15, 2015
Provident Bank, Iselin, NJ, Needs To Improve Controls Over Its Servicing of FHA-Insured Mortgages and Loss Mitigation Efforts
We completed a review of Provident Bank’s servicing of Federal Housing Administration (FHA)-insured mortgages and its implementation of the U.S. Department of Housing and Urban Development’s (HUD) Loss Mitigation program. We selected Provident Bank based on an Office of Inspector General risk assessment of single-family lenders.
Noviembre 29, 2015