KBAK Eyewitness News BAKERSFIELD, Calif. (KBAK/KBFX) — A Los Angeles man pleaded guilty Monday to bank fraud in connection with a mortgage fraud scheme in Bakersfield, according to federal prosecutors. Nine people were named in an indictment last summer. Ricardo Fabian Salinas, 34, is scheduled Read More

The New York Times Attorney General Eric Schneiderman of New York announced this week that he plans to sue Bank of America and Wells Fargo for failure to adhere to the terms of a $26 billion settlement that was supposed to provide relief to homeowners and end foreclosure abuses...

lohud.com YONKERS — The city is cleaning up from years of shoddy record keeping and seeking millions of dollars from delinquent borrowers in a troubled federal job-creation loan program. In a report Monday, Yonkers Inspector General Kitley Covill documented the city’s progress collecting back due Read More

News-Herald.com A Kirtland man was sentenced Tuesday to two years in prison for being part of a mortgage fraud scheme that cost lenders more than $2.2 million. Kevin D. Barcomb, 39, was also ordered to pay the entire amount of restitution to lenders after his release at a rate of no less than 10 Read More

We completed a review of First Source Financial USA (First Source), a former nonsupervised loan correspondent approved to originate FHA-insured loans. The objective was to determine whether First Source originated FHA loans and had a quality control plan that complied with HUD rules and Read More

The U.S. Department of Housing and Urban Development's (HUD) Office Inspector General audited the Chicago Housing Authority's (Authority) Section 8 Housing Choice Voucher program (program) under its Moving to Work Demonstration program. The audit was part of the activities in our fiscal year 2007 Read More

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General, audited CitiMortgage, Incorporated (CitiMortgage). Our audit objectives were to determine whether CitiMortgage followed U.S. Department of Housing and Urban Development (HUD) requirements for underwriting Read More

HUD OIG audited the City of Augusta's HOME Investment Partnerships program. The audit was part of the activities in the fiscal year 2007 annual audit plan. The objectives were to determine whether the City complied with HOME program requirements for commitments, production and completion of Read More

We audited the City of Durham (City), North Carolina's HOME Investment Partnerships (HOME) program. Our audit objective was to determine whether the City complied with applicable federal procurement requirements with respect to its homeowner rehabilitation activity. This is the second of two Read More

We audited the City of Durham (City), North Carolina 's HOME Investment Partnerships (HOME) program as part of our annual audit plan. Our audit objectives were to determine whether the City complied with U.S. Department of Housing and Urban Development (HUD) requirements for monitoring HOME Read More

The the U.S. Department of Housing and Urban Development's (HUD) Office of Inspector General audited the City of Muncie's (City) HOME Investment Partnerships Program (Program). The audit was part of the activities in our fiscal year 2007 annual audit plan. We selected the City based upon our Read More