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SIGTARP Faults State Agencies on Misusing Hardest Hit Fund. Inspector General for the Troubled Asset Relief Program (SIGTARP) has. Florida, where two top officials at the state's agency attended more. many with no HHF- related sessions-at luxury hotels, resorts and. Mortgage News Network.
A new $1.5 billion funding initiative called the fha hardest-hit fund provides money for housing finance agencies or FHAs in Nevada, Michigan, California, Florida and Arizona. The Hardest-Hit Fund was created to offer what the Obama Administration calls "relief in direct proportion to the scale of each state’s housing challenges."
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As of February 2018, the only remaining Hardest Hit program for Florida homeowners in danger of foreclosure is the Florida Elderly Mortgage Assistance (ELMORE) program. This program offers as much as $50,000 to elderly homeowners who have reverse mortgages.
· Between 2011 and 2016, officials of the Florida Housing Finance Corp. charged the Hardest Hit Fund all or part of the cost of attending conferences in San Diego, Orlando, Miami, Boston and Nashville, Tenn., even though less than two hours out of four days of meetings in each instance appeared to be related to the Hardest Hit mortgage relief program.
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Years after a scathing federal audit exposed rampant waste in a multi-billion-dollar government program to help the "unemployed or underemployed" pay their mortgage, the gouging continues full throttle. Public officials who operate the disastrous project, known as Hardest Hit Fund (HHF), have wasted millions of dollars on parties, fancy cars, gifts, extravagant dinners and receptions, gym