We audited the Housing Authority of the City of New Haven’s Housing Choice Voucher program based on our risk assessment of the program for the New England region, the size of the Authority’s program, the time lapse since our last audit, and the inherent risk of the program. Our audit objective was Read More

In accordance with the Chief Financial Officers Act of 1990, as amended, we are required to annually audit the consolidated financial statements of the U.S. Department of Housing and Urban Development (HUD) and the stand-alone financial statements of the Federal Housing Administration and the Read More

This report was reissued on December 6, 2017 to correct an error in recommendation 2G found in Finding 2.  Recommendation 2G now reflects the correct prior year recommendation that must be reopened. We are required to audit the consolidated financial statements of the U.S. Department of Read More

This audit report was reissued on February 13, 2018 to correct the Combined Statement of Budgetary Resources for the period ended September 30, 2017 on page 44.  The Budget Authority and Outlays, Net section is now included. This audit report was previously reissued on November 27, 2017 to Read More

We audited the Federal Housing Administration-insured nursing home, Riverside Health and Rehabilitation Center (the project), of East Hartford, CT, based on our risk assessment of nursing homes in the New England region.  Additionally, the U.S. Department of Housing and Urban Development (HUD Read More

This report presents the results of our audit of Ginnie Mae’s fiscal years 2017 and 2016 (restated) financial statements, including our report on Ginnie Mae’s internal control and test of compliance with selected provisions of laws and regulations applicable to Ginnie Mae.  In fiscal year Read More

BOSTON – A Taunton woman was sentenced today in federal court in Boston for concealing information and making false statements in order to receive Social Security disability benefits and Section 8 housing assistance to which she was not entitled.    Marisha Ebanks, 41, was sentenced Read More

LUBBOCK, TX - A federal grand jury on Wednesday indicted a woman for embezzling money from the Levelland Housing Authority. The indictment said, “Cecilia Chavez, defendant, … used her position as an agent of the Levelland Housing Authority to embezzle…” The indictment said she “wrongfully Read More

TRENTON, N.J. – A former salesman at Bayway Lumber, a Linden, New Jersey, company that sold commercial and industrial products to numerous public and private entities, was sentenced today to 12 months in prison for conspiring to defraud customers and lying to a federal grand jury, Acting U.S. Read More

(Source: bgdailynews.com) The former owner of a company involved in the short sales of houses subject to foreclosure admitted in court Friday to defrauding the Federal Housing Administration. Deena Brooks pleaded guilty in U.S. District Court in Louisville to a count of making a false statement or Read More

LAS VEGAS, Nev. – The former Director of Community Development for the National Community Stabilization Trust (NCST), a non-profit Nevada corporation created in 2008 in response to the national mortgage-housing foreclosure crisis, and four of six co-defendants made their initial appearances in Read More

BOSTON – The president and founder of a Falmouth mortgage company pleaded guilty yesterday in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million. Robert Pena, 68, of Falmouth, pleaded guilty to one Read More

We audited BLM Companies LLC, a contracted field service manager in HUD’s real estate-owned Management and Marketing III program, as part of the activities included in our 2017 annual audit plan and because it was the sole contractor performing property preservation and protection services for U.S Read More

We audited DuPage County’s Community Development Block Grant Disaster Recovery program.  The audit was part of the activities in our fiscal year 2017 annual audit plan.  We selected the County’s program for review because the County had spent the most program funds authorized under the Read More

We audited Mary Scott Nursing Center (project) based on our analysis of risk factors related to the U.S. Department of Housing and Urban Development’s (HUD) multifamily nursing projects in Region 5’s jurisdiction (States of Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin).  The Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of safe water requirements for Federal Housing Administration (FHA)-insured loans nationwide.  We conducted the audit based on news reports that identified lead contamination in public water systems across the Read More

We audited the New Brunswick Housing Authority because it was classified as a troubled public housing agency and based on our risk analysis of public housing agencies located in the State of New Jersey.  The objective of the audit was to determine whether the Authority administered its Read More

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited HUD’s rulemaking process for its single family note sales program.  This is the second in a series of audits on the note sales program.  The previous audit, 2017-KC-0006, reported that HUD did Read More

We audited the City of Jacksonville, FL’s HOME Investment Partnerships program as part of the activities in our annual audit plan.  Our audit objective was to determine whether the City administered its HOME program in accordance with applicable U.S. Department of Housing and Urban Read More

(Source: ocregister.com) SANTA ANA — A Coto De Caza man who in YouTube videos promised to help homeowners save their homes from foreclosure was sentenced Friday to eight years in prison after bilking more than 500 people out of $2.2 million. Kevin Frank Rasher, who earlier this year pleaded guilty Read More