-A +A

Industry Advisories

Industry advisories are bulletins that provide information about the risky and illegal activities associated with certain products and services in the housing industry. These advisories are intended to ensure industry professionals (Mortgage Brokers, Real Estate Agents, Counselors, Appraisers, etc) are well informed of the perils associated with emergent frauds and other illegal activities that jeopordize the integrity of otherwise legitimate housing programs.  If you would like to be notified when HUDOIG issues new Industry Advisories, sign-up on our list, or follow-us on Twitter and Facebook.

Filter by Housing and Urban Development Programs

Click a program to filter the listings. Uncheck the program to remove filter.

October 6, 2017
Program Area(s): 
Owners of U.S. Department of Housing and Urban Development (HUD)-assisted or -insured properties should similarly have a system of quality control over project operations, especially if they are absentee owners that leave daily operations to a management agent. Owners must be aware of the risks...
February 22, 2017
Program Area(s): 
The Office of Inspector General (OIG) at the U.S. Department of Housing and Urban Development (HUD) uncovered a series of cases of appraiser identity theft. The schemes varied but resulted from someone using the State certification number of a Federal Housing Administration (FHA) roster appraiser...
January 17, 2017
Financial management is the systematic application of procedures, forms, rules of conduct, and standards. As a grantee or subrecipient in receipt of Federal funds, your financial management practices must comply with the cost principles established by the Office of Management and Budget (OMB). This...
December 2, 2016
The purpose of this bulletin is to make grantees and subrecipients aware of the impact that insufficient documentation can have on their grant programs and offer guidance on how to avoid these findings through the life cycle of a CPD grant.
October 17, 2016
Internal controls are processes put into place by management to help an organization operate efficiently and effectively to achieve its objectives. Managers often think of internal controls as the purview and responsibility of accountants and auditors. The fact is that management at all levels of...
September 12, 2016
This bulletin highlights the importance of effective subrecipient management and oversight by grantees receiving funds from the U.S. Department of Housing and Urban Development’s (HUD) Office of Community Planning and Development (CPD). On December 26, 2013, the Office of Management and Budget...
September 6, 2016
Conflicts of interest arise when officials or staff stand to benefit--either directly themselves or indirectly through business partners or relatives--from the awarding or contracting of grant funds. Grantees are encouraged to avoid conflicts of interest to the extent possible. When conflicts of...
May 24, 2016
Goods and services must be procured in an effective manner and in compliance with Federal, State, and local laws. These laws exist to ensure that funds are awarded through fair and open competition and are spent on eligible and reasonably priced goods and services. Although the majority of grantees...