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Report Fraud, Waste and Abuse
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    Date Issued
    Gruening Park Apartments, Juneau, AK, Did Not Always Comply With HUD Rules and Regulations
    he U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited Gruening Park Apartments, a 96-unit apartment complex in Juneau, AK, owned and operated by Alaska Housing Development Corporation, Inc., to determine whether the owner administered the project and its programs in compliance with the regulatory agreement and other HUD requirements. We selected this project primarily due to its having a significantly…
    September 05, 2012
    Report
    #2012-SE-1006
    Wells Fargo Bank, Foreclosure and Claims Process Review, Fort Mill, SC
    As part of the Office of Inspector General’s (OIG) nationwide effort to review the foreclosure practices of the five largest Federal Housing Administration (FHA) mortgage servicers (Bank of America, Wells Fargo Bank, CitiMortgage, JP Morgan Chase, and Ally Financial, Incorporated) we reviewed Wells Fargo’s foreclosure and claims processes. In addition to this memorandum, OIG issued separate memorandums for each of the other four reviews. OIG…
    March 12, 2012
    Memorandum
    #2012-AT-1801
    Wells Fargo Home Mortgage, Fort Mill, SC, Did Not Always Approve FHA-HAMP Loans or Trial Plans in Accordance With Rules and Regulations
    We performed a limited review of Wells Fargo Home Mortgage (Wells Fargo) as a result of our internal audit of the Federal Housing Administration’s (FHA) Home Affordable Modification Program (HAMP). During the audit, we visited Wells Fargo and reviewed a limited number of loans to determine whether the National Servicing Center implemented and operated FHA-HAMP in accordance with rules and regulations. Our objective for this limited review was…
    June 07, 2011
    Report
    #2011-FW-1010
    Alaska Housing Finance Corporation’s Management and Occupancy Reviews Were Not Always as Comprehensive as Required for a Section 8 Performance-Based Contract Administrator
    The U.S. Department of Housing and Urban Development's (HUD) Office of Inspector General audited the Section 8 Performance Based Contract Administration (PBCA) program of the Alaska Housing Finance Corporation (Corporation). We wanted to determine whether the Corporation fulfilled its contractual responsibilities as a performance-based contract administrator (contract administrator) of project-based Section 8 housing assistance payments…
    December 16, 2010
    Report
    #2011-SE-1001