Bank2, Oklahoma City, OK, Originated Loans Reviewed in Accordance with Section 184 Loan Guarantees for Indian Housing Program Processing Guidelines
We audited Bank2’s origination of Section 184 Loan Guarantees for Indian Housing program loans. We selected Bank2’s Section 184 program because (1) an internal audit report and corrective action verification determined that the U.S.
July 11, 2019
The Pell City Housing Authority, Pell City, AL, Did Not Always Administer Its and the Ragland Housing Authority, Ragland, AL’s Funds in Accordance With HUD Requirements
We audited the Pell City and Ragland Housing Authorities’ financial operations. We began our review of Pell City and Ragland because it aligns with a goal in our annual audit plan to improve the U.S.
July 23, 2018
Final Civil Action: BSR Trust, LLC, Settled Allegations of Making False Claims Related to Section 8 Housing Assistance Payments
On April 17, 2018, the Office of Program Enforcement issued a letter stating that it had reached a resolution under a Program Fraud Civil Remedies Act of 1986 case regarding Summit Bradford Apartments located in Tulsa, OK, following its review. The Government alleged that the owner submitted 40 false claims under the Act.
May 21, 2018
We audited RMS & Associates’ Federal Housing Administration (FHA) loan origination because it was one of the top lenders that originated FHA-insured loans with downpayment assistance from the City of Las Vegas. A previous U.S.
September 28, 2017
The City of Chattanooga, TN, Did Not Always Administer Its ESG Program in Accordance With HUD’s Requirements
We audited the City of Chattanooga’s Emergency Solutions Grants (ESG) program. We selected the City for review in accordance with our annual audit plan. Our audit objective was to determine whether the City administered its ESG program in accordance with HUD’s requirements.
September 28, 2017
SecurityNational Mortgage Company, Las Vegas, NV, Improperly Originated FHA Loans for Properties With Restrictive Covenants
We audited SecurityNational Mortgage Company’s Federal Housing Administration (FHA) loan origination because it was among the top lenders that originated FHA-insured loans with downpayment assistance from the City of Las Vegas. A previous U.S.
September 22, 2017
Venta Financial Group, Inc., Las Vegas, NV, Improperly Originated FHA-Insured Loans With Restrictive Covenants
We audited Venta Financial Group’s Federal Housing Administration (FHA) loan origination because it was one of the top lenders that originated FHA-insured loans with downpayment assistance from the City of Las Vegas. A previous U.S.
September 20, 2017
The City of Las Vegas, NV, Did Not Administer Its Neighborhood Stabilization Program 3 Homebuyer Assistance Program in Accordance with HUD Requirements
We audited the City of Las Vegas’, Homebuyer Assistance Program under the U.S.
September 13, 2017
The City of Birmingham, AL, Did Not Ensure That Adequate Policies and Procedures Were Implemented for Its Internal Audits and Procurement Process
We audited the City of Birmingham, AL’s Community Development Block Grant Disaster Recovery (CDBG-DR) grant. We selected the City for review based on concerns by the U.S.
July 21, 2017
The Housing Authority of the City of Tulsa, Tulsa, OK, Did Not Always Correctly Compute Housing Assistance Payments
We audited the Housing Authority of the City of Tulsa’s administration of its Section 8 program. We selected the Authority based on reports generated by the U.S.
May 17, 2017