Specialized audit services for FHA-approved lenders and mortgage bankers. Stay compliant with HUD’s financial reporting requirements.
FHA-approved lenders face unique audit requirements that general CPA firms often struggle to navigate. Wilson & Associates has deep expertise in HUD lender audits, including net worth calculations, liquidity requirements, and the specific disclosures required by the Consolidated Audit Guide.
Whether you are a single family lender, multifamily lender, or Ginnie Mae issuer, our team understands the nuances of your reporting obligations and delivers accurate, timely audit services.
No matter your FHA program participation, we have the specialized knowledge to handle your audit.
Audits for FHA-approved mortgage lenders originating single family home loans under Title II of the National Housing Act, including compliance with net worth and liquidity requirements.
Specialized audit services for lenders participating in HUD’s multifamily mortgage insurance programs, covering Section 221(d)(4), 223(f), and other multifamily programs.
Audits for institutions approved to originate Title I property improvement and manufactured home loans, ensuring compliance with HUD-specific reporting requirements.
Audit and compliance services for Government National Mortgage Association (Ginnie Mae) issuers, including MBS pooling and servicing requirements.
Lenders Served
Years of Experience
States Covered
Filing Compliance
Our FHA lender audits cover all critical compliance areas mandated by HUD, ensuring no requirement is overlooked.
We verify your institution meets HUD’s minimum net worth thresholds and adjusted net worth calculations.
Comprehensive testing of liquid asset ratios to ensure ongoing compliance with FHA-mandated liquidity standards.
Review and assessment of your HUD-required Quality Control (QC) plan and its implementation effectiveness.
Examination of warehouse lending arrangements and their proper reporting in accordance with HUD guidelines.
Verification of proper escrow account handling, including RESPA compliance and HUD escrow analysis requirements.
Audit coverage for all branch locations, ensuring consolidated and individual branch compliance with HUD.
We discuss your lending programs, assess risk areas, and provide a competitive, transparent quote tailored to your institution.
Our FHA specialists examine financial statements, test compliance with net worth and liquidity requirements, and review your QC plan.
We deliver your audit report on time, formatted for HUD submission, with clear management letter recommendations if needed.
The Cost of Non-Compliance
FHA-approved lenders that fail to meet audit and financial reporting requirements risk losing their FHA approval status, being placed on the Credit Watch Termination List, or facing financial penalties. A qualified HUD audit specialist helps protect your institution from these risks. Contact us today to ensure your audit is handled by professionals who understand the stakes.
Explore Our Other Services
We also specialize in Multifamily Housing Audits and Compliance Consulting.
Contact us today for a free quote and discover how much you could save on your next HUD audit. Our team is ready to help.
