(Source: bgdailynews.com) The former owner of a company involved in the short sales of houses subject to foreclosure admitted in court Friday to defrauding the Federal Housing Administration. Deena Brooks pleaded guilty in U.S. District Court in Louisville to a count of making a false statement or Read More

LAS VEGAS, Nev. – The former Director of Community Development for the National Community Stabilization Trust (NCST), a non-profit Nevada corporation created in 2008 in response to the national mortgage-housing foreclosure crisis, and four of six co-defendants made their initial appearances in Read More

BOSTON – The president and founder of a Falmouth mortgage company pleaded guilty yesterday in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million. Robert Pena, 68, of Falmouth, pleaded guilty to one Read More

We audited Mary Scott Nursing Center (project) based on our analysis of risk factors related to the U.S. Department of Housing and Urban Development’s (HUD) multifamily nursing projects in Region 5’s jurisdiction (States of Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin).  The Read More

We audited the U.S. Department of Housing and Urban Development’s (HUD) oversight of safe water requirements for Federal Housing Administration (FHA)-insured loans nationwide.  We conducted the audit based on news reports that identified lead contamination in public water systems across the Read More