Apex Waukegan LLC and Integra Affordable Management LLC Fined for Breach of Contract
WASHINGTON DC—Apex Waukegan LLC (Apex), a multifamily housing landlord receiving rental assistance subsidies from the U.S. Department of Housing and Urban Development (HUD), and Integra Affordable Management LLC (Integra), Apex’s affiliated management agent, were ordered to pay $1,258,671 in civil money penalties for breaching their Housing Assistance Payment Contract (HAP contract) by knowingly failing to maintain…
Press release
February 14, 2023
United States Files Complaint Against Bob Dean Jr. and Affiliated Corporate Entities for Financial Misconduct Stemming from Evacuation of Nursing Homes During Hurricane Ida
The United States has filed a complaint under the National Housing Act of 1934 (NHA) against Bob Dean Jr. and several affiliated corporate entities for misappropriating and misusing the assets and income of four nursing homes in Louisiana before and after Hurricane Ida’s landfall in August 2021. The four nursing homes, all of which were owned and operated by Dean and his companies, and had loans insured by the Federal Housing Administration (FHA…
Press release
January 12, 2023
Guild Mortgage Company to Pay Almost $25 Million To Resolve Allegations It Knowingly Caused False Claims To Federal Housing Administration
WASHINGTON – Guild Mortgage Company has agreed to pay the United States $24.9 million to resolve allegations that it violated the False Claims Act and the common law by knowingly breaching material program requirements when it originated and underwrote mortgages insured by the Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), the Department of Justice announced today. Guild Mortgage Company is…
Press release
October 20, 2020