HUD Logo
Site Map         A-Z Index         Text   A   A   A
HUD   >   Holding the Mortgage Industry Accountable
Holding the Mortgage Industry Accountable

HUD's mission is to strengthen the housing market and ensuring consumers have fair and informed access to housing. HUD takes strong action to hold the mortgage industry accountable for the products and services they provide to families who are either seeking to buy or rent a home or struggling to keep the home they have.

For example, HUD constantly monitors lenders who are approved by the Federal Housing Administration (FHA). By evaluating loan performance, FHA can identify those lenders who fail to apply the agency's standards when originating, underwriting or servicing mortgages.
In addition, HUD's Mortgagee Review Board can take strong action against lenders who fall short of their responsibilities to adhere to FHA's guidelines.

HUD's Office of the Inspector General can also investigate allegations of improper lending and servicing behavior in the housing market. In the most extreme cases of alleged misconduct, HUD may event refer particular cases for the U.S. Department of Justice for action.

Historically, HUD also investigated alleged violations involving the Real Estate Settlement Procedures Act (RESPA) and the Interstate Land Sales Full Disclosure Act (ILS). Regulatory oversight of these two areas now falls under the jurisdiction of the Consumer Financial Protection Bureau.

Press Releases

Tuesday, October 9, 2012

Tuesday, August 28, 2012

Thursday, May 10, 2012

Monday, April 16, 2012

Friday, February 24, 2012

Wednesday, February 15, 2012

Thursday, February 9, 2012

Thursday, February 9, 2012

Thursday, November 3, 2011

Wednesday, October 12, 2011

Wednesday, July 13, 2011

Monday, July 11, 2011

Friday, May 20, 2011

Friday, April 8, 2011

Tuesday, December 21, 2010

Monday, December 13, 2010

Wednesday, December 08, 2010

Thursday, March 17, 2011

Tuesday, March 1, 2011

Tuesday, January 12, 2010

Friday, October 8, 2010

Wednesday, July 21, 2010

Wednesday, July 7, 2010

Thursday, June 17, 2010

Monday, January 25, 2010

Monday, January 25, 2010

Tuesday, January 12, 2010

Friday, December 11, 2009

Tuesday, August 4, 2009

Mortgagee Review Board Actions

Monitoring and Sanctions

Stopping Financial Fraud

President Obama established the Financial Fraud Enforcement Task Force in November 2009 to hold accountable those who helped bring about the last financial crisis as well as those who would attempt to take advantage of the efforts at economic recovery. Examples of financial fraud include situations in which homebuyers or lenders falsify information to obtain a home loan or so-called foreclosure rescue companies who prey on families struggling to keep their homes. Read more.

HUD's Office of Inspector General

HUD's Office of Inspector General (OIG) is committed to protecting HUD's programs and taxpayers' dollars from unscrupulous individuals and corporations who take advantage of the housing programs administered by HUD. In addition to investigating suspected cases involving waste, fraud and abuse, HUD's OIG also works to prevent fraud from occurring in the first place. Read more.

Open Government Initiative

Learn more about HUD's Open Government Initiative

HUD Implementation of the Recovery Act

Learn more about HUD's Implementation of the Recovery Act

Making Home Affordable

[Logo: Making Home Affordable]

Learn more about Making Home Affordable
Innovation of the Day

[Logo: of the day]
Innovation of the Day