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Uninsured Pooled Loans CAV

HUD OIG is auditing Ginnie Mae's response to audit 2016-KC-0002, which reported on uninsured single-family loans remaining in mortgage backed securities (MBS) pools. Loans that lack FHA, VA, or RHS insurance/guarantees are considered defective and issuers must cure the defect, buy them out from MBS pools or substitute them with other loans of the same term.

GNMA Financial Crisis Readiness

HUD OIG is reviewing GNMA’s financial crisis readiness program. To ensure its mission, GNMA must be prepared for a broad range of crises, including financial crises, that could impact itself or its issuers. Our objective is to determine whether GNMA implemented a financial crisis readiness program that met industry best practices.

FHEO’s Oversight of State and Local Fair Housing Enforcement Agencies

HUD OIG is evaluating the Office of Fair Housing and Equal Opportunity (FHEO)’s oversight of State and local fair housing enforcement agencies.  To ensure the agencies are enforcing laws substantially equivalent to the Fair Housing Act, FHEO regularly assesses the State and local agencies' performance.  Our objective is to determine if FHEO’s oversight of State and local fair housing enforcement agencies ensures they meet performance standards for substantial equivalency certification.  

HUD Program Offices’ Policies and Approaches for Radon

HUD does not have a departmentwide policy for dealing with radon contamination.  Instead, HUD relies on each program office to develop radon policies that align with HUD’s environmental regulations.  The three program offices reviewed do not have consistent radon policies.  Only Multifamily’s radon policy includes radon testing and mitigation requirements.  PIH’s policy strongly encourages but does not require public housing agencies (PHA) to test for radon and to mitigate excessive radon levels, if possible.  CPD does not have a radon policy.&nbsp

HUD's Office of Fair Housing and Equal Opportunity (FHEO) Complaint Intake Process

HUD OIG is auditing HUD’s Office of Fair Housing and Equal Opportunity (FHEO) complaint intake process.  The complaint intake process is one of the initial stages in HUD’s FHEO mission to eliminate housing discrimination, promote economic opportunity, and achieve diverse, inclusive communities.  The audit objective is to assess HUD’s Title VIII fair housing complaint intake process for complaint inquiries that result in formal filed complaints and those that are closed during the intake stage.