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Land Home Financial Services, Inc. Settled Alleged Violations of Failing To Comply With Federal Housing Administration Loan Requirements

The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General (OIG), assisted the Office of Program Enforcement in the investigation of Land Home Financial Services, Inc. to determine whether it violated HUD requirements when underwriting loans insured by the Federal Housing Administration (FHA).  Land Home is an FHA mortgage lender, located in Concord, CA.    Based in part on OIG’s review, HUD contends that Land Home may be liable under the Program Fraud Civil Remedies Act of 1986, 31 U.S.C.