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Report Fraud, Waste and Abuse
2017-CF-1804-001-A
Status
Closed
Date Issued
August 21, 2017
Closed Date
August 21, 2017
OIG Component Office
Audit
Acknowledge that $41 million of the $89,274,944 in the attached settlement represents an amount due HUD, less DOJ’s civil debt collection fees.
Program Office
General Counsel
Questioned Costs
$41,000,000.00
Better Funds Use
$0.00
Publication Report Number
2017-CF-1804
Publication Report
Final Civil Action: Financial Freedom, a Division of CIT Bank, N.A., Settled Allegations of Failing To Comply With HUD’s Federal Housing Administration Servicing Requirements for HECM Claims

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