Posted By:: R. Brock
"We want to send a message to the industry that as the mortgage landscape has shifted, we are watching very carefully and that we are poised to take action against bad performers," HUD Inspector General Kenneth M. Donohue said in a news release. FHA Commissioner David Stevens added that, "We are going to be taking additional steps to improve risk management and get the [FHA] capital ratio back to where it needs to be."