Fiscal Year 2024 Federal Information Security Modernization Act of 2014 Penetration Test
The U.S. Department of Housing and Urban Development (HUD) Office of Inspector General (OIG) conducted penetration testing concurrently with our fiscal year 2024 Federal Information Security Modernization Act of 2014 (FISMA) evaluation. The objective of the penetration testing evaluation was to Read More
December 13, 2024
Publication
#2024-OE-0002a
United States Obtains Consent Decree Against Lilmor Management, Morris Lieberman, And Others To Abate Lead Paint And Improve Housing Conditions Across More Than 2,500 Apartments In Largely Low And Moderate-Income Neighborhoods
Defendants Admit Violations and Agree to Pay $6.5 Million in Penalties and Restitution and to Undertake Broad Remediation of Their Housing PortfolioDamian Williams, the United States Attorney for the Southern District of New York; Lisa F. Garcia, the Regional Administrator for Region 2 of the U.S. Read More
December 13, 2024
News
Press Release
Ginnie Mae Concentration Risk Oversight
HUD OIG is conducting an audit of Ginnie Mae's portfolio and issuer oversight. According to a Ginnie Mae report issued in December 2024 , 88.97% of Ginnie Mae's approximately $2.6 trillion in guaranteed pooled loans are owned by 30 mortgage companies, of which 22 of them are nonbank institutions. Read More
December 01, 2024
Work Start Notification
#KC 25 0004
Audit of the U.S Department of Housing and Urban Development's Fiscal Years 2024 and 2023 Financial Statements
We recommend that the Chief Financial Officer enhance existing policies to establish a formal grant accrual risk management framework to help ensure consistent standards across HUD with regard to the development, review, and execution of the grant accrual and validation. This framework should Read More
Open Recommendation
Audit of the U.S Department of Housing and Urban Development's Fiscal Years 2024 and 2023 Financial Statements
We recommend that the Deputy Assistant Secretary for Operations of Community Planning and Development enhance CPDs existing Grant Accrual Standard Operating Procedures to strengthen governance within CPD and to effectively work within the framework established by the OCFO in recommendation 1A. Read More
Open Recommendation
The Data in CAIVRS Did Not Agree With the Data in FHA's Default and Claims Systems
Update selection rules for CAIVRS to provide for complete reporting of all ineligible borrowers to put $9.5 million to better use.
Status
In 2020, HUD suspended reporting delinquencies and defaults to the Credit Alert Verification Reporting System (CAIVRS) because these debts are Read More
Open Recommendation
The Sanford Housing Authority, Sanford, NC, Did Not Comply With Procurement and Financial Requirements
Support the cost reasonableness of the nine contracts or reimburse $408,958 to the appropriate Operating Fund, Capital Fund, and Housing Choice Voucher programs from non-Federal funds.
Open Recommendation
Timing of PHAs' Lead-Based Paint Visual Assessments
Issue guidance to PHAs clarifying the timing of unit inspections and lead-based paint visual assessments to address the misinterpretation caused by the terms “annual” and “every 12 months.”
Open Recommendation
Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud scheme
PLANO, Texas – Three Texas women have been charged with federal violations related to a mortgage fraud scheme in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs.Nicole Espinosa, also known as Short Sale Queen, 35, of Plano; Stephanie Smith, also known as Stephanie Parks, 44, Read More
December 03, 2024
News
Press Release
Justice Department Sues Kentucky Rental Property Owner for Sexual Harassment
The Justice Department announced today that it has filed a lawsuit against Joseph E. Johnson, also known as Joe Johnson, the owner and operator of rental properties in Lexington, Kentucky, for engaging in sexual harassment and retaliation in violation of the Fair Housing Act.“For decades, this Read More
December 03, 2024
News
Press Release
FHA’s Office Of Asset Sales Did Not Have Adequate Information To Measure Its Loan Sales’ Program Success
We audited the Federal Housing Administration (FHA), Office of Asset Sales’ U.S. Department of Housing and Urban Development (HUD)‐Held Vacant Loan Sales (HVLS) program. The audit objective was to assess the extent to which HUD tracks and measures its loan sales’ program success and its achievement Read More
December 02, 2024
Report
#2025-KC-0001
Three Bay Area Real Estate Professionals Sentenced To Federal Prison For Their Roles In $55 Million Mortgage Fraud Conspiracy
SAN FRANCISCO – Tjoman Buditaslim, Jose De Jesus Martinez, and Jose Alfonso Tellez were sentenced today to 24 months, 14 months, and 12 months in prison, respectively, for their participation in a mortgage fraud conspiracy. The sentences were handed down by the Honorable Charles R. Breyer, Read More
November 26, 2024
News
Press Release
Former Cleveland City Council Member Charged with Bribery and Fraud
CLEVELAND – Basheer Jones, 40, of Cleveland, Ohio, has been charged in a two-count information with conspiring to commit wire fraud and honest services fraud for using his role as a public official for personal financial gain by seeking to defraud multiple community stakeholders out of more than $ Read More
November 25, 2024
News
Press Release
Second Former NYCHA Superintendent Convicted Of Bribery And Extortion Offenses At Trial
In the Second Trial Following a 70-Person Takedown in February 2024, Hector Colon, a Former New York City Housing Authority Superintendent, Was Convicted of Bribery and Extortion for Accepting Cash From NYCHA Contractors in Exchange for Awarding ContractsDamian Williams, the United States Attorney Read More
November 22, 2024
News
Press Release
Assessing HUD's Office of Single Family Efforts to Increase the Supply of Affordable Housing
HUD OIG is auditing HUD's efforts to increase the supply of affordable housing. To increase the affordable housing supply, HUD's Office of Single Family expanded the exclusive listing period to 30 days to increase the time owner-occupants, HUD-approved nonprofits, and governmental entities can view Read More
November 01, 2024
Work Start Notification
#BO 25 0002
Brooklyn Business Owner Convicted of Multi-Million Dollar Real Estate Fraud Scheme
Real Estate Company Owner Conspired to Purchase Brooklyn Real Estate at Fraudulently Depressed Short Sale Prices, Costing Mortgage Loan Holders Millions of DollarsA federal jury in Brooklyn returned a guilty verdict yesterday against Avraham Tarshish for conspiracy to commit Read More
November 22, 2024
News
Press Release
SAR 92 - HUD OIG Semiannual Report to Congress for the period April 1, 2024, through September 30, 2024
The Inspector General Act of 1978 requires the Inspector General to prepare semiannual reports summarizing the activities of the Office of Inspector General for the preceding six-month period. The semiannual reports are intended to keep the Secretary and Congress fully informed of significant Read More
November 25, 2024
Semiannual Report
#SAR 92
United States Attorney Dawn N. Ison and HUD Inspector General Rae Oliver Davis Host Safe Housing Summits
DETROIT – United States Attorney for the Eastern District of Michigan Dawn N. Ison and U.S. Department of Housing and Urban Development Inspector General Rae Oliver Davis hosted two summits yesterday focused on promoting the health, safety, and civil rights of tenants living in HUD-assisted housing Read More
November 20, 2024
News
Press Release
HUD’s Office of Departmental Equal Employment Opportunity Complaint Processing
To promote equal opportunity and identify and eliminate discriminatory practices, Federal regulation mandates that agencies review and respond to all employment-related discrimination complaints. At the U.S. Department of Housing and Urban Development (HUD), the Office of Departmental Equal Read More
November 18, 2024
Report
# 2024-OE-0001
Attorney General Bonta Secures Grand Jury Indictment Against 14 Defendants in $3.6 Million Mortgage Fraud Scheme
LOS ANGELES – California Attorney General Rob Bonta today announced the unsealing of a grand jury indictment against the owners of three mortgage brokerage firms and 11 affiliates in a mortgage fraud scheme. Fraudulent loan applications and financial documentation were allegedly used to obtain Read More
November 15, 2024
News
Press Release