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OIG finds flaws in HUD HECM program
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Governmental Affairs
Thursday, August 27, 2015
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The Office of the Inspector General audited the U.S. Department of Housing and Urban Developmentās oversight of its Home Equity Conversion Mortgage program. Of the 68 loans selected for review, the borrowers for as many as 67 loans did not live at the properties associated with their loans. Keep reading to learn more.
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