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Tag Archives: Inspector General

FHFA Identifies Seven Challenges for 2023

“OIG’s risk-based work will remain grounded in these areas, and our audits, evaluations, and other projects will continue to identify findings and make appropriate recommendations to FHFA to strengthen its work,” said Brian M. Tomney, Inspector General for the FHFA.

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Lawmakers Propose Independent Watchdog for CFPB

U.S. Representative Steve Stivers (R-Ohio), along with U.S. Representative Tim Walz (D-Minnesota), re-introduced the Bureau of Consumer Financial Protection Act of 2015, a bill that would create the position of an independent Inspector General for CFPB.

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HUD OIG Recoups $1B

The Office of Inspector General for HUD announced that civil investigations of some of the Federal Housing Administration's (FHA) largest lenders have resulted in significant settlements in the last year. "These settlements are the latest step in a continuing effort to bring to light significant problems that we have identified in the loan underwriting practices of a number of large FHA-approved lenders, which have or will provide a meaningful financial boost to the FHA insurance fund," HUD OIG David A. Montoya said.

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