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    Final Civil Action Borrower Settled Alleged Violations of Home Equity Conversion Mortgage Program
    We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of its Home Equity Conversion Mortgage (HECM) program and found that 33 borrowers had more than 1 loan under the program.  Having multiple loans violated program requirements because HUD requires borrowers to Read More
    January 04, 2017
    Memorandum
    #2017-PH-1801
    Former city worker gets probation for $20K federal housing fraud scheme
    (Source: nj.com) NEWARK -- The wife of an ex-Bayonne police officer who beat a handcuffed man was sentenced today to one year of probation for her part in a scheme to illegally obtain a $20,000 federal housing loan. Rose Lillo fought back tears as she apologized to U.S District Court Judge Kevin Read More
    January 05, 2017
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