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HUD OIG is auditing the risk to the FHA fund from uninsured flood damage. The objective of this audit is to determine whether borrowers of FHA-insured loans maintained proper flood insurance coverage. This audit will cover FHA-insured forward and reverse mortgages active throughout calendar year 2020.

HUD OIG is conducting a review of HUD's Office of Residential Care Facilities.  Media reports have shown that the COVID-19 virus impacted nursing homes nationwide.  Our audit objective is to determine the biggest challenges that nursing home owners face related to COVID-19 and whether they are prepared to meet their future financial obligations.

HUD OIG is auditing HUD's  Real Estate Assessment Center (REAC) inspection process. REAC's inspection process helps to ensure decent, safe and sanitary affordable public housing .

HUD OIG is researching prior audits of HUD’s Single Family Default Monitoring System to provide HUD information regarding lessons learned and risks identified in these prior audits.  The forbearances will result in increased claims filed against the insurance fund.

HUD OIG is performing research to help HUD's Community Development Block Grant Coronavirus pandemic (CDBG-CV) grantees be aware of known risks and lessons learned from audits and evaluations of the Community Development Block Grant Disaster Recovery Program grants (CDBG-DR).

HUD OIG is auditing HUD’s oversight of Federal Housing Administration (FHA) refunds.  FHA insures mortgages to increase homeownership opportunities.  An upfront insurance premium, paid at the time of closing, is refundable if the loan ends early, whether through sale, foreclosure, or refinancing.  We received a hotline complaint describing roadblocks to obtaining refunds.

HUD OIG is auditing a Texas grantee’s 2015 disaster program.  In 2016 and 2017, HUD awarded the grantee more than $87 million to address unmet needs from disasters that occurred in 2015.  The audit objective is to determine whether the grantee administered and expended its 2015 flood disaster funding in accordance with HUD and its requirements.