News & Analysis as of

Consumer Protection Residential Real Estate Government Contracting

Read Consumer Protection updates, news, and legal commentary from leading lawyers and law firms:

HUD OIG Announces Termination of FHA Fraud Investigation

by Goodwin on

On September 29, the Office of Inspector General for the United States Department of Housing and Urban Development (HUD OIG) announced the termination of an investigation of a national mortgage lender relating to a purported...more

DOJ Announces FHA Settlements with Two Utah-Based Mortgage Lenders

by Goodwin on

On October 3, 2016, the United States Department of Justice (DOJ) announced that two Utah-based Direct Endorsement (DE) lenders agreed to pay $5 million and $4.25 million dollars to settle separate cases relating to their...more

HUD OIG Announces PFCRA Settlement with FHA Lender

by Goodwin on

On September 29, 2016, the U.S. Department of Housing and Urban Development (HUD) and its Office of Inspector General (HUD OIG) announced a settlement with a mortgage lender relating to two audits of the lender’s Federal...more

DOJ Secures $83 Million Settlement Over Alleged FHA Underwriting Violations

by Goodwin on

On September 29, the U.S. Department of Justice (DOJ) announced that it had secured a settlement from a national lender, resolving allegations that the lender violated the False Claims Act, Program Fraud Civil Remedies Act,...more

United States Government Accountability Office GAO Report to Congressional Requesters

GAO Report on Independent Foreclosure Reviews Exposes OCC, Fed’s Plan to Deliberately Minimize Evidence of Borrower Harm

by Barry Fagan on

FORECLOSURE REVIEW Lessons Learned Could Enhance Continuing Reviews and Activities under Amended Consent Orders The Government Accountability Office released their second report on the Independent Foreclosure Reviews. At...more

FEDERAL HOUSING FINANCE AGENCY OFFICE OF INSPECTOR GENERAL

FHFA’s Oversight of Fannie Mae’s Default-Related Legal Services

by Barry Fagan on

Why FHFA-OIG Did This Audit In 1997, the Federal National Mortgage Association (Fannie Mae or Enterprise) established its Retained Attorney Network (RAN) to acquire default-related legal services associated with foreclosure,...more

Bankruptcy Options for When You Can't Raise Your Debt Ceiling

by John Skiba on

It is an interesting comparison to watch what is going on Washington with their attempts to raise the debt ceiling and comparing that to your own debt issues. The government has bills to pay, no money, and so it wants its...more

CONGRESS OF THE UNITED STATES- COMMITTEE ON OVERSIGHT & GOVERNMENT REFORM

Rep. Elijah E. Cummings (D-MD) letter asking the Inspector General of the FHFA to examine “widespread allegations of abuse by...

by Barry Fagan on

Cummings Applauds End of “Retained Attorney Network”; Warns That Fannie and Freddie Must Ensure that Foreclosure Lawyers Follow the Law Washington, DC (Nov. 9, 2012) Rep. Elijah E. Cummings, Ranking Member of the...more

8 Results
|
View per page
Page: of 1
Cybersecurity

Follow Consumer Protection Updates on:

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.