We audited Tuscan Homes I and II, a multifamily project located in Hartford, CT, because our risk assessment ranked the project as the highest risk multifamily project in New England. Our audit objective was to determine whether the owner managed the project in accordance with its regulatory agreement and U.S.
Due to the evolving situation concerning the coronavirus (COVID-19), the HUD OIG mail operations are suspended and we strongly encourage that you file all inquiries and/or complaints electronically to Whistleblower Report Form, Hotline Complaint Form or FOIA Requests.
Tuscan Homes I and II in Hartford, CT, Was Not Always Managed in Accordance With Its Regulatory Agreement and HUD Requirements
Doral Bank, San Juan, Puerto Rico, Needs to Improve Controls over Its Mortgage-Backed Securities Program
We reviewed Doral Bank Puerto Rico (Doral), an approved issuer for the Government National Mortgage Association (Ginnie Mae). Our objective was to determine whether Doral complied with Ginnie Mae requirements associated with its mortgage-backed securities activities. The review was initiated in connection with the 2007 Ginnie Mae financial statement audit.