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HUD OIG is auditing the Office of Multifamily Housing’s controlling participation of Section 8 Project-Based Rental Assistance. Specifically, we are looking at HUD’s approval of controlling participants for ownership in Multifamily Section 8 properties. The audit objective is to determine whether HUD has approved poor performing controlling participants for additional properties.
We audited lender reporting of COVID-19 forbearances for Federal Housing Administration (FHA)-insured loans in the Single Family Default Monitoring System (SFDMS). We compared default reporting data from SFDMS to loan data provided by five sampled servicing lenders that serviced a third of the FHA single-family portfolio. Our audit objective was to determine whether COVID-19 forbearance data available in SFDMS were consistent with the information maintained by loan servicers.
HUD OIG is auditing the risk to the FHA fund from uninsured flood damage. The objective of this audit is to determine whether borrowers of FHA-insured loans maintained proper flood insurance coverage. This audit will cover FHA-insured forward and reverse mortgages active throughout calendar year 2020.
In June 2020, we received letters from members of Congress, including the chairpersons of the House Committee on Financial Services and Oversight and Investigation Subcommittee, expressing concern that the U.S.
We audited the U.S. Department of Housing and Urban Development’s (HUD) Office of Public and Indian Housing’s (PIH) Office of Field Operations’ (OFO) oversight of public housing agencies’ (PHA) compliance with implementing HUD’s smoke-free policy. We initiated the audit in accordance with our strategic plan and our vision to support HUD’s efforts to achieve quality and safer housing. Our objective was to determine whether OFO ensured that the PHAs complied with the implementing guidance of HUD’s smoke-free policy requirements in public housing programs.
We prepared this memorandum to provide the Office of Housing at the U.S. Department of Housing and Urban Development (HUD) with key considerations from prior audits of the HUD Single Family Default Monitoring System (SFDMS) and the partial claim loss mitigation option. These audits identified HUD’s lack of effective controls to ensure that lenders reported default information accurately and in a timely manner, lenders promptly filed and reported partial claims, and partial claims fully reinstated delinquent loans.
HUD OIG is reviewing HUD's Fostering Youth to Independence (FYI) initiative. The FYI initiative makes Housing Choice Voucher assistance available to Public Housing Agencies in partnership with Public Child Welfare Agencies. The review objective is to determine the effectiveness of the FYI initiative in preventing and ending youth homelessness.
HUD OIG is auditing HUD’s disaster preparedness from 2005 to 2018. We performed this audit due to an agreement with six other Inspectors General as part of a Disaster Assistance Working Group-Cross Cutting Functional Effort by the Council of the Inspectors General on Integrity and Efficiency to determine to what extent the Federal departments were prepared for upcoming natural disasters.
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