We audited the U.S.
Single Family Housing
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the U.S. Department of Justice, Washington, DC, and the U.S. Attorney’s Office for the District of New Jersey in a civil investigation of Security National Mortgage Company. Security National is a Federal Housing Administration (FHA)-approved mortgage lender with its principal place of business located in Salt Lake City, UT.
We reviewed Seneca Mortgage’s servicing of Federal Housing Administration (FHA)-insured mortgages and its implementation of the U.S. Department of Housing and Urban Development’s (HUD) Loss Mitigation program. We selected Seneca Mortgage based on the results of our single-family risk assessment. The objective of the audit was to determine whether Seneca Mortgage complied with HUD’s Loss Mitigation program requirements and implemented an effective quality control program.
(Source: ctpost.com) BRIDGEPORT—A month after his co-conspirator pleaded guilty, a lawyer formerly of Easton has switched his own plea and admitted to participating in a scheme that took advantage of distressed homeowners.
Bradford Barneys, 51, pleaded guilty Tuesday in a federal court in Hartford to one count of conspiracy to commit mail and wire a fraud, according to a statement from the office of Connecticut U.S. Attorney Deirdre Daly.
Deirdre M. Daly, United States Attorney for the District of Connecticut, today announced that a federal grand jury sitting in New Haven has returned a nine-count indictment charging URMILA SRI THAKUR, also known as Urmila Buddhu-Thakur and Indro Buddhu-Thakur, 72, of Wethersfield, with conspiracy, mail fraud and money laundering offenses related to a fraudulent debt elimination scheme.
We reviewed the general and application controls over the Federal Housing Administration’s (FHA) Single Family Premiums Collection Subsystem – Periodic (SFPCS-P) and Single Family Acquired Asset Management System (SAMS) as part of the internal control assessments required for the fiscal year 2016 financial statement audit under the Chief Financial Officer’s Act of 1990. Our objective was to review the general and application controls over SFPCS-P and SAMS for compliance with U.S.
Robert L. Capers, United States Attorney for the Eastern District of New York, Christina D. Scaringi, Special Agent in Charge, North East Region, Office of the Inspector General for the Department of Housing and Urban Development, and Jay N. Lerner, Inspector General for the Federal Deposit Insurance Corporation announced the settlement of claims against Franklin First Financial, Ltd., its Chief Executive Officer, Frederick Assini, its Chief Operating Officer, Christopher Bertman, and Andrew Dauro, a manager of the company. The case, United States v. Rainy Day Holdings, LLC.
We audited the U.S. Department of Housing and Urban Development (HUD), Federal Housing Administration’s (FHA) process for making changes to its programs, policies, and operations based on an Office of Inspector General (OIG) preaudit analysis that noted potential violations of departmental clearance requirements for three documents. Our audit objective was to determine whether HUD followed the proper requirements and procedures when implementing changes to FHA single-family programs, policies, and operations.
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the U.S. Department of Justice, Washington, DC, and the U.S.