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.
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Impact of COVID-19 on Nursing Homes
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's Reopening of Offices to Employees During COVID-19
HUD OIG is reviewing HUD's plans to reopen its offices to its employees. This work is in response to a Congressional request. The review objective is to determine whether HUD is following (1) its Resuming Normal Operations Guide, COVID-19 Response, Headquarters and Field Offices; (2) Federal, State, and local government and appropriate non-governmental guidance; and (3) best practices in reopening its offices to employees.
Key Considerations and Lessons Learned From Prior Audits of the Single Family Default Monitoring System
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's Oversight of FHA Refunds
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.
Former Property Manager Pleads Guilty to Theft from Federally Subsidized Housing Complexes
Leonard C Boyle, Acting United States Attorney for the District of Connecticut, announced that ALICIA GARDNER, 51, of Griswold, waived her right to be indicted and pleaded guilty today before U.S. District Judge Victor A. Bolden in Bridgeport to embezzling money from federally subsidized housing complexes that she had managed.