TRENTON, N.J. B A Hudson County, N.J. man today admitted his role in paying bribes to a Bayonne public official for the public official’s assistance in securing projects funded by the U.S. Department of Housing and Urban Development, U.S. Attorney Paul J. Fishman announced. Joseph Arrigo, 45, of Read More

PHILADELPHIA - Sondra Wong Nelson, 36, of Philadelphia was charged by Indictment, unsealed October 3, 2013, with one count of theft from a federally funded organization and two counts of falsely altering a postal money order, announced U.S. Attorney Zane David Memeger. According to the indictment Read More

It seems as if there is always some bank, corporation or millionaire out there trying to take advantage of those less fortunate. In fact, this was a huge factor in the housing bubble that contributed to the economic recession that began in 2008. Unfortunately, certain predatory lending practices, Read More

Former NFL player Irving Fryar and his mother were indicted by a New Jersey grand jury Wednesday on charges they conspired to steal more than $690,000 through a mortgage scam. In announcing the indictment, prosecutors said Fryar and his mother, Allene McGhee, engaged in a "sophisticated mortgage Read More

Fourteen months after Point Township was cleared of wrongdoing in administering a $381,000 federal grant, the state Department of Community and Economic Development may foist the repayment demand it received from the federal government onto the Northumberland County municipality. The U.S. Read More

For Immediate Release September 30, 2013 Contact: HUD OIG Communications [email protected] Washington, DC – Today, Inspector General David A. Montoya announced the Office of Inspector General (OIG) for the U.S. Department of Housing and Urban Development (HUD) issued a report entitled, “ Read More

Eleven residents of Chicago and its suburbs have been indicted in a $14.5 million mortgage fraud scheme that involved homes on the city’s south and west sides. The Justice Department said the alleged wrongdoing involved 10 properties, 52 home loans and straw buyers who were fraudulently qualified Read More

CHICAGO―Ten defendants, including five licensed loan originators, were indicted for allegedly participating in a scheme to fraudulently obtain approximately 52 residential mortgage loans totaling at least $14.5 million from various lenders. The indictment alleges that the mortgages were obtained Read More

ST. LOUIS • An old Coca-Cola plant redone as lofts held promise as a profitable way to buoy a south St. Louis neighborhood. Instead, the struggling site has embroiled the developers in a dispute over why the project defaulted on a federally insured loan. Prominent in the controversy are a critical Read More

COLUMBUS, OHIO– Ovell Harrison, 55, of Columbus, Ohio pleaded guilty in U.S. District Court to one count of bank fraud and one count of aggravated identity theft in connection with his position as Director of Education Services at the Columbus Urban League between 2004 and 2010. Carter M. Stewart Read More

Updated: Friday, September 13 2013, 07:36 PM EDT COLUMBUS (Tom Sussi) -- We're updating a scandal at the Columbus Urban League ABC 6 Investigators first broke two years ago.   Former Urban League executive Ovell Harrison agreed to a plea deal today in federal court. Harrison pleaded Read More

A Newport Coast man was resentenced today to five years behind bars and ordered to pay about $535,000 in restitution for a scheme to fraudulently obtain mortgage loans that went into default, causing more than $2.7 million in losses to the federal government and commercial lenders. Lorenzo Read More

LAS VEGAS (AP) — A Nevada-based homebuilder was sentenced Tuesday to 51 months in federal prison for siphoning money allocated for Navajo Nation housing projects in Arizona and New Mexico for personal gambling, jewelry and thoroughbred racehorse training expenses. William Aubrey, 71, of Mesquite, Read More

LOWELL -- The City Council has called a special meeting to discuss the recently released federal audit of the Lowell Housing Authority, the findings of which could result in the LHA having to repay the federal government more than $11 million. The meeting will be held Tuesday at 7 p.m. The audit, Read More

Sept. 13, 2013 -- Westchester County District Attorney Janet DiFiore announced that five individuals were charged today in a scheme to steal Yonkers Municipal Housing Authority rent payments. Shamesha Holloway (DOB 01/16/88) of 615 Warburton Avenue, Yonkers, New York, Shakeia Davis (DOB 11/16/84 Read More

Testimony before the U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations “Reducing Waste, Fraud and Abuse in Housing Programs: Inspector General Perspectives”  

CANTON -The classically styled, sleek, energy-efficient complex known as the Metropolitan Centre was supposed to be a crown jewel for the Stark Metropolitan Housing Authority. Instead, it turned out to be a four-story chunk of cubic zirconia the agency wants to sell — as soon as possible. The 54, Read More

The Stark Metropolitan Housing Authority obliterated most cardinal rules of real estate when it completed a new home this year in the city’s near northwest area. The agency spent $297,000 to build a single-floor house, without a basement — on a postage-stamp-sized lot; within an eroding Read More

CHARLOTTE, N.C. – A former Charlotte area realtor pleaded guilty on Monday, August 26, 2013, to selling household appliances she unlawfully removed from vacant homes owned by the U.S. Department of Housing and Urban Development (HUD), announced Anne M. Tompkins, U.S. Attorney for the Western Read More