A Plus Mortgage Inc., Tukwila, WA, Overcharged Borrowers and Allowed Independent Contractors and Unapproved Branches to Originate Loans
We audited A Plus Mortgage, Inc. (A Plus), to determine whether (1) the fees charged to Federal Housing Administration (FHA) borrowers by A Plus were appropriate under U.S. Department of Housing and Urban Development (HUD), FHA, and Real Estate Settlement Procedures Act (RESPA) regulations and (2) the loan officers originating FHA-insured loans were employees of A Plus.
A Plus disregarded HUD FHA requirements and provisions of RESPA and engaged...
Mayo 07, 2008
Report
#2008-SE-1004
The Akron Metropolitan Housing Authority, Akron, Ohio, Lacked Adequate Controls over Its 5(h) Homeownership Proceeds
The U.S. Department of Housing and Urban Development's (HUD) Office of Inspector General audited the Akron Metropolitan Housing Authority's (Authority) 5(h) homeownership program (program). We selected the Authority based on a risk analysis showing that it may have improperly used program funds. Our objectives were to determine whether the Authority properly accounted for and used its program's proceeds in accordance with...
Enero 08, 2008
Report
#2008-CH-1002
The Tacoma Consortium, Tacoma, Washington, Did Not Properly Administered Its HOME Investment Partnerships Program Grants
We audited the Tacoma Consortium HOME Investment Partnerships Program as a result of a risk assessment performed by HUD-OIG Region IX. Our objective was to determine whether the Consortium complied with HOME requirements, laws, and regulations with respect to the homeowner rehabilitation program and HUD procurement regulations. The Consortium generally administered HOME in accordance with HUD requirements but violated HOME regulations when it...
Septiembre 30, 2007
Report
#2007-SE-1004
City of Cincinnati Home Investment Partnerships Program, Cincinnati, OH, The City Lacked Adequate Controls over Its Program
Septiembre 30, 2007
Report
#2007-CH-1017
The Dayton Metropolitan Housing Authority, Dayton Ohio, Did Not Effectively Operate Its Section 8 Housing Choice Voucher Program
Junio 19, 2007
Report
#2007-CH-1008
Trumbull Metropolitan Housing Authority, Warren, Ohio, Did Not Ensure Its Nonprofit Followed HUD's Section 8 Housing Requirements
Abril 30, 2007
Report
#2007-CH-1007