HUD OIG COVID-19 Oversight Framework
Summary
A HUD Office of Inspector General COVID-19 Oversight page listing its oversight framework of five key oversight areas, dated 04/27/2020, and early COVID-19 reports and bulletins. The bulletins, dated April 27 and April 28, 2020, address homeowners, borrowers, renters and the mortgage industry and warn that dishonest people may attempt to take advantage of the crisis. One bulletin outlines guidance the Federal Housing Administration (FHA) provided for borrowers and servicers to implement the CARES Act forbearance provisions. The page also lists an assessment finding that some FHA mortgage loan servicers' websites offered CARES Act forbearance information that was incomplete, inconsistent, dated and unclear.
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“HUD OIG COVID-19 Oversight Framework.”
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COVID-19 Oversight HUD OIG COVID-19 Oversight Framework HUD Office of Inspector General (OIG) has developed a framework of five key oversight areas to guide our work. We will align our audits, evaluations, investigative initiatives, and other innovative reviews with these areas to ensure that timely and effective relief is provided to the intended recipients, and that relief efforts are not undermined by fraud, abuse, or waste. 04/27/2020 COVID-19 Reports and Bulletins COVID-19 OIG Bulletin: For Homeowners HUD OIG drafted a bulletin outlining guidance that the Federal Housing Administration (FHA) has provided for borrowers and servicers to implement the forbearance provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. April 28, 2020 Housing and FHA COVID-19 Fraud Bulletin: For Borrowers In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides protections to borrowers with loans insured by the U.S. Department of Housing and Urban Development (HUD). The Office of Inspector General would like to make sure you are aware that dishonest people may attempt to take advantage of the crisis to harm you. April 27, 2020 Housing and FHA COVID-19 Fraud Bulletin: For the Mortgage Industry In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides the U.S. Department of Housing and Urban Development (HUD) the authority to provide flexibilities to keep the industry moving. These flexibilities provide new opportunities for people to take advantage of the system. April 27, 2020 Housing and FHA COVID-19 Fraud Bulletin: Protect Yourself From Fraud The Office of Inspector General recognizes that we are facing both uncertain and unprecedented times and is alerting the public about potential fraud schemes related to the CARES Act funding. Dishonest people may approach you with fraudulent offers of assistance during these economically difficult times. Be on the lookout for these common schemes. Note that scam attempts may be made by phone, mail, text, email, social media, or in person. April 27, 2020 Housing and FHA COVID-19 Fraud Bulletin: For Renters In response to the pandemic caused by the coronavirus disease of 2019 (COVID-19), Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides protections to renters who receive assistance from the U.S. Department of Housing and Urban Development (HUD). April 27, 2020 Housing and FHA Some Mortgage Loan Servicers’ Websites Offer Information about CARES Act Loan Forbearance That Is Incomplete, Inconsistent, Dated, and Unclear The U.S. Department of Housing and Urban Development Office of Inspector General assessed what information servicers of mortgage loans that the Federal Housing Administration (FHA) insures were providing on their public facing websites to borrowers regarding forbearance. April 27, 2020 Topic Brief
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