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Audit Reports & Memorandums

The following reports disclose conditions noted during the identified audit period. They do not necessarily reflect current conditions at the subject auditee. Any questions regarding the current status of corrective actions recommended in these reports should be directed to the report addressee.

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November 18, 2016
Report Number: 2017-FO-0004

This page previously contained our independent auditor’s report on HUD’s fiscal year 2016 and 2015 (Restated) consolidated financial statements  (OIG Audit Report 2017-FO-0004), issued November 15, 2016.  In the report, one basis for our disclaimer of opinion was that HUD was unable to provide final consolidated financial statements...

November 15, 2016
Report Number: 2017-FO-0003

This report was reissued on February 24, 2017, to correct Appendix A. This reissued report now correctly shows the monetary benefit associated with each recommendation.

This report supplements our independent auditor’s report on the results of our audit of HUD’s principal financial statements for the fiscal years ending...

November 14, 2016
Report Number: 2017-FO-0001

This report presents the results of our audit of Ginnie Mae’s fiscal years 2016 and 2015 (restated) financial statements, including our report on Ginnie Mae’s internal control and test of compliance with selected provisions of laws and regulations applicable to Ginnie Mae. 

For the third consecutive year, in fiscal year 2016,...

November 14, 2016
Report Number: 2017-FO-0002

This report presents the results of our audit of FHA’s fiscal years 2016 and 2015 (restated) financial statements, including our report on FHA’s internal control and test of compliance with selected provisions of laws and regulations applicable to FHA. 

In our opinion, except for the effects of FHA’s general counsel refusal to...

November 2, 2016
Report Number: 2017-NY-1001

We completed a review of the City of New York, Mayor’s Office of Housing Recovery Operations’ administration of the Build it Back Single Family Program, funded with Community Development Block Grant Disaster Recovery (CDBG-DR) funds provided by the U.S. Department of Housing and Urban Development (HUD) to assist in the disaster...

October 27, 2016
Report Number: 2017-LA-0001

We audited the U.S. Department of Housing and Urban Development (HUD), Office of Multifamily Housing Programs’ implementation of use agreement restrictions for affordable set-aside units because it was included in our audit plan based on a prior audit, which determined that a multifamily project owner did not comply with project use...

October 25, 2016
Report Number: 2017-CH-0001

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of funds covered under the Low-Income Housing Preservation and Resident Homeownership Act of 1990 in HUD’s Line of Credit Control System1 based on information obtained during our audit of Carmen-Marine Apartments (2015-CH-1010).  The audit was...

October 17, 2016
Report Number: 2017-BO-1002

We audited the Community Development Block Grant Disaster Recovery (CDBG-DR) assistance grant provided to the City of Springfield, MA, by the U.S. Department of Housing and Urban Development (HUD) to assist in disaster recovery and rebuilding efforts resulting from damages caused by presidentially declared disasters.  The audit...

October 14, 2016
Report Number: 2017-KC-0001

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited HUD to determine whether it paid servicers’ claims for properties that did not foreclose or convey on time.  We initiated this audit due to concerns that HUD overpaid servicers’ claims for FHA insurance benefits.

HUD paid claims for...

October 13, 2016
Memorandum Number: 2017-BO-1801

Sons of Divine Providence did not properly oversee the HUD-insured nursing home to ensure that it operated in accordance with its regulatory agreement.  By not informing HUD of the lawsuits, the changes in management agents, and the loans, Sons of Divine Providence did not provide HUD the necessary data to understand the risk to the...

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