Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud scheme
PLANO, Texas – Three Texas women have been charged with federal violations related to a mortgage fraud scheme in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs.Nicole Espinosa, also known as Short Sale Queen, 35, of Plano; Stephanie Smith, also known as Stephanie Parks, 44, Read More
December 03, 2024
News
Press Release
Justice Department Sues Kentucky Rental Property Owner for Sexual Harassment
The Justice Department announced today that it has filed a lawsuit against Joseph E. Johnson, also known as Joe Johnson, the owner and operator of rental properties in Lexington, Kentucky, for engaging in sexual harassment and retaliation in violation of the Fair Housing Act.“For decades, this Read More
December 03, 2024
News
Press Release
FHA’s Office Of Asset Sales Did Not Have Adequate Information To Measure Its Loan Sales’ Program Success
We audited the Federal Housing Administration (FHA), Office of Asset Sales’ U.S. Department of Housing and Urban Development (HUD)‐Held Vacant Loan Sales (HVLS) program. The audit objective was to assess the extent to which HUD tracks and measures its loan sales’ program success and its achievement Read More
December 02, 2024
Report
#2025-KC-0001
Three Bay Area Real Estate Professionals Sentenced To Federal Prison For Their Roles In $55 Million Mortgage Fraud Conspiracy
SAN FRANCISCO – Tjoman Buditaslim, Jose De Jesus Martinez, and Jose Alfonso Tellez were sentenced today to 24 months, 14 months, and 12 months in prison, respectively, for their participation in a mortgage fraud conspiracy. The sentences were handed down by the Honorable Charles R. Breyer, Read More
November 26, 2024
News
Press Release
Former Cleveland City Council Member Charged with Bribery and Fraud
CLEVELAND – Basheer Jones, 40, of Cleveland, Ohio, has been charged in a two-count information with conspiring to commit wire fraud and honest services fraud for using his role as a public official for personal financial gain by seeking to defraud multiple community stakeholders out of more than $ Read More
November 25, 2024
News
Press Release
Second Former NYCHA Superintendent Convicted Of Bribery And Extortion Offenses At Trial
In the Second Trial Following a 70-Person Takedown in February 2024, Hector Colon, a Former New York City Housing Authority Superintendent, Was Convicted of Bribery and Extortion for Accepting Cash From NYCHA Contractors in Exchange for Awarding ContractsDamian Williams, the United States Attorney Read More
November 22, 2024
News
Press Release
Assessing HUD's Office of Single Family Efforts to Increase the Supply of Affordable Housing
HUD OIG is auditing HUD's efforts to increase the supply of affordable housing. To increase the affordable housing supply, HUD's Office of Single Family expanded the exclusive listing period to 30 days to increase the time owner-occupants, HUD-approved nonprofits, and governmental entities can view Read More
November 01, 2024
Work Start Notification
#BO 25 0002
Brooklyn Business Owner Convicted of Multi-Million Dollar Real Estate Fraud Scheme
Real Estate Company Owner Conspired to Purchase Brooklyn Real Estate at Fraudulently Depressed Short Sale Prices, Costing Mortgage Loan Holders Millions of DollarsA federal jury in Brooklyn returned a guilty verdict yesterday against Avraham Tarshish for conspiracy to commit Read More
November 22, 2024
News
Press Release
SAR 92 - HUD OIG Semiannual Report to Congress for the period April 1, 2024, through September 30, 2024
The Inspector General Act of 1978 requires the Inspector General to prepare semiannual reports summarizing the activities of the Office of Inspector General for the preceding six-month period. The semiannual reports are intended to keep the Secretary and Congress fully informed of significant Read More
November 25, 2024
Semiannual Report
#SAR 92
United States Attorney Dawn N. Ison and HUD Inspector General Rae Oliver Davis Host Safe Housing Summits
DETROIT – United States Attorney for the Eastern District of Michigan Dawn N. Ison and U.S. Department of Housing and Urban Development Inspector General Rae Oliver Davis hosted two summits yesterday focused on promoting the health, safety, and civil rights of tenants living in HUD-assisted housing Read More
November 20, 2024
News
Press Release
HUD’s Office of Departmental Equal Employment Opportunity Complaint Processing
To promote equal opportunity and identify and eliminate discriminatory practices, Federal regulation mandates that agencies review and respond to all employment-related discrimination complaints. At the U.S. Department of Housing and Urban Development (HUD), the Office of Departmental Equal Read More
November 18, 2024
Report
# 2024-OE-0001
Attorney General Bonta Secures Grand Jury Indictment Against 14 Defendants in $3.6 Million Mortgage Fraud Scheme
LOS ANGELES – California Attorney General Rob Bonta today announced the unsealing of a grand jury indictment against the owners of three mortgage brokerage firms and 11 affiliates in a mortgage fraud scheme. Fraudulent loan applications and financial documentation were allegedly used to obtain Read More
November 15, 2024
News
Press Release
Letter to Senator Grassley Regarding Equal Opportunity Complaints of Sexual Harassment
November 19, 2024, letter from Inspector General Oliver Davis responding to a request from Senator Grassley that asked for information about how the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) uses Federal funding to settle Equal Employment Read More
November 19, 2024
Correspondence
Letter Regarding a Request for Oversight of the North Carolina Office of Recovery and Resiliency’s (NCORR) Use of Community Development Block Grant Disaster (CDBG-DR) Funds from Hurricanes Matthew and Florence
November 19, 2024 letter from Inspector General Oliver Davis responding to a request from Senator Tillis, Senator Budd, Representative Foxx, Representative Hudson, Representative Rouzer, Representative Murphy, Representative Bishop, and Representative Edwards for oversight of the North Carolina Read More
November 19, 2024
Correspondence
Justice Department Sues Kentucky Rental Property Manager and Owners for Sexual Harassment
The Justice Department announced today that it has filed a lawsuit against Adnan Shalash, the owner and operator of rental properties in Lexington, Kentucky, for engaging in sexual harassment and retaliation in violation of the Fair Housing Act. The lawsuit also names as defendants 12 owners of Read More
November 19, 2024
News
Press Release
Fiscal Year (FY) 2025 Federal Information Security Modernization Act of 2014 (FISMA) Evaluation
HUD OIG is conducting the Fiscal Year (FY) 2025 evaluation of the HUD's information security (InfoSec) program and practices, as required by the Federal Information Security Modernization Act of 2014 (FISMA). The objectives are to (1) perform an independent evaluation of the effectiveness of HUD’s Read More
November 01, 2024
Work Start Notification
#2025-OE-0001
Audit of the U.S Department of Housing and Urban Development’s Fiscal Years 2024 and 2023 Financial Statements
We contracted with the independent public accounting firm of Sikich CPA LLC to audit the financial statements of HUD as of and for the fiscal years ending September 30, 2024 and 2023, and to provide reports on HUD’s (1) internal control over financial reporting and (2) compliance with laws, Read More
November 15, 2024
Report
#2025-FO-0003
Audit of Government National Mortgage Association’s Fiscal Years 2024 and 2023 Financial Statements
We contracted with the independent public accounting firm Sikich CPA LLC to audit the financial statements of Ginnie Mae as of and for the years ending September 30, 2024 and 2023, and to provide reports on Ginnie Mae’s (1) internal control over financial reporting and (2) compliance with laws, Read More
November 13, 2024
Report
#2025-FO-0001
Audit of FHA’s Fiscal Years 2024 and 2023 Financial Statements
We contracted with the independent public accounting firm of Sikich CPA LLC to audit the financial statements of FHA as of and for the fiscal years ending September 30, 2024 and 2023, and to provide reports on FHA’s (1) internal control over financial reporting and (2) compliance with laws, Read More
November 13, 2024
Report
#2025-FO-0002
HUD's Oversight of Section 232 Nursing Home Portfolios
HUD OIG is auditing HUD's oversight of Section 232 nursing home portfolios. HUD's Office of Residential Care Facilities is responsible for administering the Section 232 mortgage insurance program which insures more than 3,600 loans, with an unpaid principal balance of more than $32 billion. Our Read More
November 01, 2024
Work Start Notification
#BO 25 0001