The U.S. Department of Housing and Urban Development identified $5.8 billion in “questionable” payments out of nearly $50 ...

A scathing new report from the Department of Housing and Urban Development (HUD) has revealed that billions of dollars in ...

The Federal Housing Administration is expected to make changes upon announcing the results of its annual independent financial audit, due this week. In advance of the audit, an annual report produced ...

Around 200,000 apparently ineligible tenants got 11% of the more than $50 billion in fiscal year 2024 funding.

In case you missed it, here’s what happened in reverse mortgage news this week. An FHA audit revealed a negative $2.8 billion value for its reverse mortgage business. An audit showed FHA will have to ...

All post closing quality control companies have seen the Non-Supervised Loan Correspondent (FHA Broker) perform virtually zero post closing quality control audit as required by the HUD Handbook 4060.1 ...

The government's mortgage insurance agency is doing a poor job of screening lenders that enter the program, an internal audit has found. The audit was completed last month by the Department of Housing ...

ElBoghdady writes for the Washington Post. WASHINGTON — The Federal Housing Administration’s cash reserves have shrunk to a level far below what is required by law, and the agency could need taxpayer ...