Statistical Sampling for HUD

HUD’s Single Family Post Insurance Claims (SFPC) Division is responsible for auditing mortgage insurance claims to identify any submitted non-compliant claims. To support the audit, HUD SFPC engaged IFE Group to conduct statistical sampling, specifically to design and execute the sampling algorithm. IFE Group also generated various types of reports based on the audit results, in addition to developing and maintaining a Microsoft Access-based database to allow auditors to record audit results in a centralized location. The database also has an extensive report generation function that can create automatic periodic reports.