HUD OIG follows Sec. 8, mortgage financing

Interesting to note what catches the attention of the HUD Office of Inspector General. Browsing the "external reports" section -- i.e. reports on entities other than HUD itself -- we find that out of 28 audit reports published from May 2005 up to the present, nine criticize housing authorities' administration of Sec. 8 programs (for details click on CA, CT, MO, NJ, PA, TN, TX and WA) and ten criticize private companies for their handling of HUD-insured loans or HUD mortgage insurance (for details click on GA, KS, NV, OK, TN, TX, UT, and WA). Among the nine remaining audits there's not much of a pattern. For those see AZ (HOME funds), DC (supportive housing grant accounting), MI (senior housing overcharges), NC (contracting procedures), OH (Annual Contributions Contract funds), PA (HOME again, and risking HUD assets to support a non-HUD project), TA (use of public housing funds) and VA (missing payments on three mortgages).