Federal housing officials have uncovered one of the largest payment control failures in the history of the government’s ...
The review discovered "significant potential improper payments, process gaps, and material weaknesses," HUD said.
A report by the U.S. Department of Housing and Urban Development (HUD) recently revealed billions in taxpayer funds that went ...
The U.S. Department of Housing and Urban Development identified $5.8 billion in “questionable” payments out of nearly $50 ...
The U.S. Department of Housing and Urban Development (HUD) recently announced a Payment Supplement loss mitigation program for Federal Housing Administration (FHA) insured Title 2 mortgage loans, the ...
WASHINGTON — Although the Department of Housing and Urban Development was forced to withdraw guidance restricting nonprofit housing funds from offering down payment assistance under a court order, the ...
WASHINGTON — Two nonprofits that provide down payment assistance on a national scale are not backing down in the face of a new federal policy that they say could drive them out of business. The ...
The Department of Housing and Urban Development announced late last week that is officially bailing on a contentious set of changes to its rules for down payment assistance on mortgages insured by the ...
The HUD Office of Inspector General (OIG) released an audit on July 9, 2015, in which it opined that loans that included down payment assistance programs from state housing agencies ran afoul of HUD ...
For a decade, credit-challenged home buyers have used a regulatory loophole that lets them get Federal Housing Administration mortgages without putting their own money down, while at the same time ...