HUD Watchdog Finds Flaws Still Existing In FHA Lender Recertification Process
June 23, 2011
The Department of Housing and Urban Developments Office of the Inspector General continued to find weaknesses during a second audit of FHAs Title II single-family lender renewal process despite steps already taken by the agency to strengthen its controls. In a new report released last week, HUDs internal watchdog recommended additional improvements, some of which were rejected...