Palm Beach County, FL, Did Not Fully Comply With Federal Requirements When Administering Its Neighborhood Stabilization Programs
The U.S. Department of Housing and Urban Development (HUD) OIG audited the Neighborhood Stabilization Programs (NSP) administered by Palm Beach County (County). Our objective was to determine whether the County administration of its NSPs complied with federal requirements. Specifically, we determined whether (1) NSP1 activities met or will meet the low- and moderate-income national objective, (2) program income was properly accounted for, and…
April 22, 2011
Report
#2011-AT-1008
Palm Beach County, FL, Did Not Fully Comply With Federal Requirements When Administering Its Neighborhood Stabilization Programs
The U.S. Department of Housing and Urban Development (HUD) OIG audited the Neighborhood Stabilization Programs (NSP) administered by Palm Beach County (County). Our objective was to determine whether the County administration of its NSPs complied with federal requirements. Specifically, we determined whether (1) NSP1 activities met or will meet the low- and moderate-income national objective, (2) program income was properly accounted for, and…
April 21, 2011
Report
#2011-AT-1008
The City of Miami Gardens, FL, Did Not Adequately Support Salary Costs Charged to the Neighborhood Stabilization Program
HUD OIG audited the Neighborhood Stabilization Program (NSP) administered by the City of Miami Gardens, Florida (City). Our objective was to determine whether the City administered its program in accordance with applicable U.S. Department of Housing and Urban Development (HUD) requirements. Specifically, we wanted to determine whether (1) expenditures were allowable and (2) activities met the program’s national objectives.
The City met the…
April 11, 2011
Report
#2011-AT-1007
Utilization of American Recovery and Reinvestment Act of 2009 (ARRA) Funds by the Housing Authority of the City of Fort Myers, Florida
HUD OIG conducted an inspection to address concerns of OIG senior management regarding the Housing Authority of the City of Fort Myers’ (HACFM) use of ARRA funds to construct a new administration building. Specifically, we wanted to know whether: (1) HACFM could use ARRA funds to construct a new administration building, and (2) did HACFM use ARRA funds to purchase furniture and equipment for the new administration building; if yes,…
December 08, 2010
Report
#IED-11-003M
Nationwide Home Loans, Miami, FL, Did Not Follow HUD Requirements in Approving FHA Loans and Implementing Its Quality Control Program
HUD OIG performed an audit of Nationwide Home Loans, Inc. (Nationwide), a Federal Housing Administration (FHA) approved direct endorsement lender located in Miami, Florida. The review was performed based on the lender’s high default rates. The purpose of the audit was to determine whether the lender followed the U.S. Department of Housing and Urban Development’s (HUD) requirements when (1) originating and underwriting loans and (2)…
October 25, 2010
Report
#2011-AT-1001
Nationwide Home Loans, Miami, FL, Did Not Follow HUD Requirements in Approving FHA Loans and Implementing Its Quality Control Program
HUD OIG performed an audit of Nationwide Home Loans, Inc. (Nationwide), a Federal Housing Administration (FHA) approved direct endorsement lender located in Miami, Florida. The review was performed based on the lender’s high default rates. The purpose of the audit was to determine whether the lender followed the U.S. Department of Housing and Urban Development’s (HUD) requirements when (1) originating and underwriting loans and (2)…
October 24, 2010
Report
#2011-AT-1001
The City of Deerfield Beach, FL, Did Not Properly Administer Its Community Development Block Grant Program
HUD OIG audited the Community Development Block Grant program (program) administered by the City of Deerfield Beach, FL (City). The objective of the audit was to determine whether the City administered its program in accordance with applicable U.S. Department of Housing and Urban Development (HUD requirements. We selected the City for review because it had come under increased scrutiny when various newspaper articles and reviews highlighted…
September 29, 2010
Report
#2010-AT-1015
The City of Deerfield Beach, FL, Did Not Properly Administer Its Community Development Block Grant Program
HUD OIG audited the Community Development Block Grant program (program) administered by the City of Deerfield Beach, FL (City). The objective of the audit was to determine whether the City administered its program in accordance with applicable U.S. Department of Housing and Urban Development (HUD requirements. We selected the City for review because it had come under increased scrutiny when various newspaper articles and reviews highlighted…
September 28, 2010
Report
#2010-AT-1015
Polk County, FL, Did Not Comply With Procurement and Contract Requirements in Its NSP and HOME Program
HUD OIG conducted this audit based on a confidential complaint submitted through the U.S. Department of Housing and Urban Development (HUD) Office of Inspector General (OIG) hotline. The complaint alleged several improprieties involving the County’s NSP and HOME programs. Our objectives were to determine whether the County (1) complied with requirements in the procurement, award, and execution of its NSP administrative contract and (2)…
September 27, 2010
Report
#2010-AT-1014
City and County of Denver, CO, Did Not Properly Obligate and Report NSP I Funding
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audited the City and County of Denver’s (City) Neighborhood Stabilization Program I (NSP I). We selected the City for review based on our risk assessment considering the amount of Housing and Economic Recovery Act of 2008 (HERA) and American Recovery and Reinvestment Act of 2009 NSP funds it received and expended along with other evaluative factors. The…
September 16, 2010
Report
#2010-DE-1006
The Housing Authority of the City of Pueblo, CO, Generally Followed Recovery Act Rules and Regulations When Obligating and Expending its Recovery Act Capital Funds, But Did Not Accurately Report Recovery Act Funded Jobs
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, reviewed the Housing Authority of the City of Pueblo, CO (Authority), based on out risk assessment considering the amount of American Recovery and Reinvestment Act of 2009 (Recovery Act) capital funds it received and expended along with other evaluative factors. The review is consistent with our responsibility to provide oversight of Recovery Act…
September 16, 2010
Report
#2010-DE-1005
Assurity Financial Services, LLC, Englewood, CO, Did Not Properly Underwrite a Selection of FHA Loans
We performed a review of 20 Federal Housing Administration (FHA) loans underwritten by Assurity Financial Services, LLC (Assurity). Our review objective was to determine whether Assurity underwrote the 20 loans in accordance with Federal Housing Administration (FHA) requirements. This review is part of Operation Watchdog, an Office of Inspector General (OIG) initiative to review the underwriting of 15 direct endorsement lenders at the…
August 05, 2010
Memorandum
#2010-LA-1804
Assurity Financial Services, LLC, Englewood, CO, Did Not Properly Underwrite a Selection of FHA Loans
We performed a review of 20 Federal Housing Administration (FHA) loans underwritten by Assurity Financial Services, LLC (Assurity). Our review objective was to determine whether Assurity underwrote the 20 loans in accordance with Federal Housing Administration (FHA) requirements. This review is part of Operation Watchdog, an Office of Inspector General (OIG) initiative to review the underwriting of 15 direct endorsement lenders at the…
August 04, 2010
Memorandum
#2010-LA-1804
Access National Mortgage Corporation, Denver, CO, Did Not Follow HUD Requirements When Submitting Two of Its Loans for Endorsement
The U.S. Department of Housing and Urban Development’s (HUD) Office of Inspector General audited Access National Mortgage Corporation (Access National) to determine whether it complied with HUD regulations, procedures, and instructions in originating, underwriting, and submitting for endorsement the FHA-insured loans selected for review.
Access National generally complied with HUD regulations, procedures, and instructions in the origination and…
July 01, 2010
Report
#2010-DE-1004
Lendamerica Home Loans, Coral Gables, FL, Did Not Follow HUD Requirements in Originating Loans and Implementing Its Quality Control Program
HUD OIG performed an audit of Lendamerica Home Loans, Inc., a Federal Housing Administration approved direct endorsement lender located in Coral Gables, Florida. The review was performed based on the lender’s high default rates. The purpose of the audit was to determine whether the lender followed the U.S. Department of Housing and Urban Development’s (HUD) requirements for (1) originating and underwriting loans and (2) implementing its…
May 20, 2010
Report
#2010-AT-1005
Lendamerica Home Loans, Coral Gables, FL, Did Not Follow HUD Requirements in Originating Loans and Implementing Its Quality Control Program
HUD OIG performed an audit of Lendamerica Home Loans, Inc., a Federal Housing Administration approved direct endorsement lender located in Coral Gables, Florida. The review was performed based on the lender’s high default rates. The purpose of the audit was to determine whether the lender followed the U.S. Department of Housing and Urban Development’s (HUD) requirements for (1) originating and underwriting loans and (2) implementing its…
May 19, 2010
Report
#2010-AT-1005
Broward County, FL, Needs To Strengthen Controls Over Its Neighborhood Stabilization Program
HUD OIG audited the Neighborhood Stabilization Program (Program) administered by Broward County, Florida (County). The objective was to determine whether the County had the necessary controls to administer its Program in accordance with the Housing and Economic Recovery Act of 2008. Specifically, we evaluated whether the County had adequate (1) management controls to ensure that activities met Program objectives and (2) financial controls to…
March 30, 2010
Report
#2010-AT-1002
Polk County, FL, Entered Incorrect Commitments Into HUD’s Integrated Disbursement and Information System for Its HOME Program
We conducted this audit because the County was one of several participating jurisdictions visited during a 2009 internal audit of HOME commitments (audit report number 2009-AT-0001, issued September 28, 2009). During the internal audit, we determined that the County entered incorrect commitments into HUD’s information system. Our objective for this audit was to determine the extent of the incorrect HOME commitments that the County entered…
January 28, 2010
Report
#2010-AT-1008
Hillsborough County, FL, has the Capacity To Administer its Neighborhood Stabilization Program and To Accurately Enter Commitments for its HOME Investment Partnerships Program
We reviewed the County because it received more than $19 million in NSP funds and in 2008, HUD rated the County’s HOME program as high risk. Our objectives were to determine whether the County had the capacity to effectively and efficiently administer its NSP and whether it accurately reported HOME commitments within HUD’s Integrated Disbursement and Information System (IDIS).
Based on the review, the County had the capacity to administer its…
December 17, 2009
Memorandum
#2010-AT-1803
Kier Paid or Recorded Ineligible Costs and Did Not Properly Compute Subsidies
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audited Kier Property Management and Real Estate, LLC (Kier) to determine whether Kier properly accounted for property and management agent costs and properly accomplished its occupancy functions.
Kier recorded more than $2 million in notes payable in the properties’ books for notes that did not properly restrict repayment of the principal to surplus cash…
December 16, 2009
Report
#2010-DE-1001