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Mortgage Settlement Monitor: Foreclosure 'Robo-Signing' Slowing Down Among Participating Lenders
(Source: HUD) -- The nation’s largest mortgage servicers have failed eight of the servicing standards in the National Mortgage Settlement according to a report released by Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement. The Monitor’s testing through the end of last year resulted Read More
June 23, 2013
News
Article
Feds question Stark Metropolitan Housing Authority spending
CANTON — Two Stark Metropolitan Housing Authority employees have been fired, and the agency’s books and operational procedures are undergoing a federal review to fix numerous issues following a scathing report accusing the agency of improperly spending at least hundreds of thousands of federal tax Read More
June 27, 2013
News
Article
Housing Authority taking action against director
PLATTSBURGH — Plattsburgh Housing Authority is taking legal action against its former director, seeking nearly $600,000. The Housing Authority filed a summons with notice in State Supreme Court in Clinton County against Lori A. Cantwell.
June 29, 2013
News
Article
Medina builder of luxury homes, 6 other people accused of mortgage fraud
CLEVELAND, Ohio -- A Medina builder of luxury homes and six other people have been accused in U.S. District Court in Cleveland of conspiring to commit mortgage fraud after the builder ran into financial problems because he could not sell the houses.
June 30, 2013
News
Article
Information Filed Charging Mobile County Woman With Mortgage Fraud
The United States Attorney, Kenyen Brown, announces that a one-count information was returned today by a Federal Grand Jury against Delaine Williams, a 25 year old resident of Satsuma, Alabama. Williams was charged with one (1) count of providing false information to a federally insured Read More
May 28, 2013
News
Press Release
Former Birmingham real estate lawyer sentenced to 2 years, restitution in mortgage fraud scheme
BIRMINGHAM, Alabama - A former real estate lawyer from Birmingham was sentenced today to two years in prison for wire fraud in a mortgage scheme that exceeded $1 million over five years.
June 25, 2013
News
Press Release
South Jersey Woman Sentenced to Prison for Defrauding FEMA after Major Disaster
June 17, 2013
News
Press Release
The City of Santa Ana, CA, Did Not Administer Neighborhood Stabilization Program 2 Funds in Accordance With HUD Rules and Requirements
We audited the City of Santa Ana’s Neighborhood Stabilization Program 2 (NSP2). We initiated the audit as part of the U.S. Department of Housing and Urban Development (HUD), Office of Inspector General’s (OIG) fiscal year 2012-2013 annual audit plan. Our objective was to determine Read More
June 16, 2013
Report
#2013-LA-1006
All Western Mortgage, Las Vegas, NV, Did Not Fully Comply With FHA Program Requirements Concerning Outside Employment and Timeliness of Quality Control Reviews
We audited the Federal Housing Administration (FHA)-insured loan process at All Western Mortgage’s Las Vegas, NV, home office as part of our efforts to improve the integrity of the single-family insurance programs. We selected All Western Mortgage because it is one of the top 10 originators Read More
May 21, 2013
Report
#2013-LA-1005
110 Arrested During Multiagency, Violent Crime Initiative from April to June 2013
TULSA, OKLAHOMA—United States Attorney for the Northern District of Oklahoma Danny C. Williams Sr., joined by members of federal, state and local law enforcement agencies and community counseling services, today announced a first series of arrests as the result of the Violent Crime Initiative to Read More
June 27, 2013
News
Press Release
HUD issues scathing audit of county housing agency
The Harris County Housing Authority could be forced to pay back millions of dollars to the federal government following an audit by the U.S. Department of Housing and Urban Development.
The regional inspector general for HUD concluded the county housing authority had mismanaged up to $27.5 million Read More
June 24, 2013
News
Article
The SEC Says It Wants Big Banks To Admit Guilt, But Doubts Remain
Remember when federal Judge Jed Rakoff scared the bejesus out of Wall Street in 2011? That’s when he refused to sign off on a $285-million civil settlement between Citigroup and the Securities and Exchange Commission over a massive mortgage fraud case.
June 25, 2013
News
Article