HUD's Section 184 Real Estate Owned (REO) Trust Property Sales

HUD's Section 184 Real Estate Owned (REO) Trust Property Sales

Announced: 05/2020 State: All

Summary

HUD OIG is reviewing HUD's real estate owned (REO) program for Section 184 Tribal Trust land properties.  Through this program, HUD can sell foreclosed properties previously endorsed under section 184 of the Housing and Community Development Act of 1992.  The objective of the review is to determine whether HUD is appropriately tracking, marketing, and selling REO Section 184 Tribal Trust Land properties.