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HUD OIG Reports $69M in Civil Recoveries in 2H19

January 24, 2020
George Brooks
HUD’s inspector general reported $69.0 million in financial recoveries from 30 administrative-civil actions related to FHA fraud and $39.2 million in settlements with two FHA lenders.
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IG Report Says HUD Failed to Safeguard Personal Records

January 24, 2020
George Brooks
An audit by the inspector general found that HUD had failed to meet basic privacy protection requirements for records containing stakeholders’ personally identifiable information.
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HUD Feels the Heat from Congress, Tribes on DPA

January 10, 2020
George Brooks
A bipartisan group of House lawmakers sent a letter urging HUD to engage with Native American tribes before formulating any rulemaking, such as on downpayment assistance, that would impact tribal organizations.
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Around the Industry

January 10, 2020
George Brooks

Montgomery’s HUD Nomination Sent to the Senate

December 20, 2019
George Brooks
The Senate Banking Committee has advanced Brian Montgomery’s nomination for HUD deputy secretary. Five Democrats opposed the nomination.
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HUD's 2020 Priorities: DPA, Disparate Impact

December 6, 2019
George Brooks

Issues regarding downpayment assistance programs will be addressed in a proposed rulemaking in January 2020.


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Around the Industry

November 22, 2019
George Brooks

HUD Announces Amended Defect Taxonomy

November 21, 2019
George Brooks
A revised version of HUD’s defect taxonomy includes new definitions of severity tiers, causes and sources for each defect category.
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HUD Report Augurs Well for FHA Insurance Fund

November 8, 2019
George Brooks
There is optimism that the forthcoming FHA annual report on the health of the Mutual Mortgage Insurance Fund will bear encouraging news, according to one analyst.
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Around the Industry

November 8, 2019
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