Washington — Today, in a press conference with the Department of Justice, the HUD OIG warns the American public to beware of mortgage scam operations. As part of the work under the Financial Fraud Enforcement Task Force (FFETF), HUD OIG is partnering with other law enforcement agencies to investigate companies and individuals preying on distressed homeowners seeking foreclosure rescue or loan modification.The FFETF’s Mortgage Fraud Working…

Testimony of The Honorable David A. Montoya Inspector General Office of Inspector General U.S. Department of Housing and Urban Development on HUD Management Issues (03/29/2012)

While the majority of companies promoting FHA reverse mortgages are safe there are some mortgage fraudsters out to take your money, your house, or even your identity. Reading this alert is your best defense. A reverse mortgage allows borrowers to convert part of the equity in their homes into cash without having to sell their homes. To aid in this process, borrowers must meet with an FHA-approved Reverse Mortgage Lender to discuss program…

This bulletin provides an overview of areas in which to prevent fraud and mismanagement. All public housing agency (PHA) commissioners should know steps to take in maintaining integrity at their PHA. HUD-OIG will issue more in-depth coverage for each of these areas in future bulletins.

Goods and services must be procured in an effective manner and in compliance with Federal, State, and local laws.  Although the majority of public housing agencies (PHA) comply with these rules and regulations, we are issuing this bulletin to assist you in identifying weaknesses in procurement and contracting procedures. 

Now you can read this important message in several languages!   Is Fraud Worth it? - In Arabic Is Fraud Worth it? - In Cantonese Is Fraud Worth it? - In Korean Is Fraud Worth it? - In Vietnamese Is Fraud Worth it? - In Russian Is Fraud Worth it? - In Spanish Is Fraud Worth it? - In Mandarin

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 and subrecipients comply with these rules and regulations, we are issuing this bulletin to assist you in identifying potential…

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG) completed its nationwide effort to review the foreclosure practices of the five largest Federal Housing Administration (FHA) mortgage servicers (Ally Financial, Incorporated, Bank of America, CitiMortgage, JPMorgan Chase, and Wells Fargo Bank). We performed these reviews due to reported allegations made in the fall of 2010 that national mortgage…

Public-Use Data from HUD-OIG Audit #2015-PH-0002, Overincome Families Residing in Public Housing Units Click to download Excel Spreadsheet  (1.9 MB) or  PDF File (1 MB)

HUD OIG response to a Congressional Request for a list of closed investigations not disclosed to the public - 2015-2018.

In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides the U.S. Department of Housing and Urban Development (HUD) the authority to provide flexibilities to keep the industry moving. These flexibilities provide new opportunities for people to take advantage of the system.

In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides protections to renters who receive assistance from the U.S. Department of Housing and Urban Development (HUD).

In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides protections to borrowers with loans insured by the U.S. Department of Housing and Urban Development (HUD). The Office of Inspector General would like to make sure you are aware that dishonest people may attempt to take advantage of the crisis to harm you.

The Office of Inspector General recognizes that we are facing both uncertain and unprecedented times and is alerting the public about potential fraud schemes related to the CARES Act funding. Dishonest people may approach you with fraudulent offers of assistance during these economically difficult times. Be on the lookout for these common schemes. Note that scam attempts may be made by phone, mail, text, email, social media, or in person.

HUD OIG drafted a bulletin outlining guidance that the Federal Housing Administration (FHA) has provided for borrowers and servicers to implement the forbearance provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

HUD OIG drafted a fraud bulletin outlining potential loan modification and foreclosure rescue schemes that borrowers may face. 

HUD OIG drafted a bulletin providing recommendations to assist in providing an ethical climate.