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GAO Reports by subject "Loan defaults"

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Date Report No. Title
Date June 17, 1987 Report No. T-RCED-87-31 Title

Veterans Affairs: VA's Home Loan Guaranty Program

1 United States General Accounting Offlee /3 $4230 4 GAO Testimony For Release on Delivery Expected at 1O:OO a.m. EDT Wednesday, June 17, 1987 VA's Home Loan Guaranty Program Statement of Associate John H. Luke, Resources, Community, Development Division Before the Committee on United States Veterans' Senate Director and Economic Affairs ( GAO/T-RCED-87-31 1 I c>37~3 Mr. Chairman and Members this ...
Date May 13, 1987 Report No. T-RCED-87-24 Title

Veterans Affairs: VA's Home Loan Guaranty Program

. I 1 . 1 czy ’ United States General Accountin OffIce / GAO Testimony For Release on Delivery Expected at 1:00 p.m. .EDT Wednesday, May 13, 1987 VA's Home Loan Guaranty Program Statement of Associate John H. Luke, Resources, Community, Development Division Before the Subcommittee on Housing Memorial Affairs Committee on Veterans' House of Representatives Director and Economic and Affairs Illlll...
Date April 14, 1987 Report No. GGD-87-35 Title

Bank Powers: Insulating Banks From the Potential Risks of Expanded Activities

United States General Accounting Office I32Gg5 Report to the Chairman, Committee on t Banking, Housing and Urban Affairs, U.S. - ’ Senate and the Chairman, Committee on Banking, Finance and Urban Affairs, House of Representatives April 1987 “,, BANK POWERS Insulating Banks From the Potential Risks of Expanded Activities I 038x() GAO/GGD-8736 1 i c . ,’ , , . United States General Accounting ...
Date April 7, 1987 Report No. T-GGD-87-11 Title

Financial Management: Options for Dealing With Farm Credit System Problems

United States deneral Accounting Office GAO Testimony For Release on Delivery Expected at 9:OO a.m. EDT Tuesday April 7, 1987 Options For Dealing System Problems With Farm Credit Statement of Charles A. Bowsher, Comptroller of the United States Before the Subcommittee on Conservation, Rural Development Committee on Agriculture House of Representatives General Credit, and 132607 oa*\ GAO/T-GGD-87-1...
Date April 1, 1987 Report No. GGD-87-51 Title

Farm Credit: Actions Needed on Major Management Issues

United States General Accounting Office GAO April 1987 Report to the Chairman, Subcommittee on Conservation, Credit, and Rural Development, Committee on Agriculture, House of Representatives FARM CREDIT Actions Needed on Major Management Issues GAO/GGD437-61 /s m-s GAO United States General Accounting Office Washington, D.C. 20648 Comptroller General of the United States 5220607 April 1,1987 The H...
Date March 11, 1987 Report No. RCED-87-79BR Title

Farmers Home Administration: Information on Agricultural Credit Provided to Indians on 14 Reservations

I 8’ United States General Accounti Briefin Report to Congressional Requesters March 1987 FARMIZRSHoME ADMINISTRATION Information on Agricultural Credit Provided to Indians on 14 Reservations 132473 s3w4\ GAO/RtfJED-87.7QBR 8RELEASED ..s Resources, Community, and Economic Development Division B-226061 March 11, 1987 Chairman, Select Committee on Indian United States Senate The Honorable United S...
Date Feb. 27, 1987 Report No. RCED-87-90FS Title

Synthetic Fuels: Status of the Great Plains Coal Gasification Project

L -..-Ls-- . - United S&es General Accountin OfIke 1 GAO ( Febrhy 1987 Fact Sheet for the Chairman, Subcommittee on Energy and Powe:r, Committee on Energy and Commerce, House of Represelntatives SYNTHETIC FUELS Status of the Great Plains Coal Gasification Project GACVRCED-87-90#‘S . * * I I I Hesourcw, Community, Ehnomic Development and Division B-207876 February 27, 1987 The Honorable Philip R....
Date Nov. 12, 1986 Report No. RCED-87-13BR Title

Farmers Home Administration: Loan-Servicing Efforts Focus on Continually Delinquent Borrowers

I ‘3 United States General Accounting Of&e /3m?Y ’ Briefing Report to the Chairman, Committee on Agriculture, Nutrition, and Forestry, United States Senate November 1986 FARMERSHOME ADMINISTRATION Loan-Servicing Efforts Focus on Continually Delinquent Borrowers (yn3w GAO/RCED-87-13BR c GAO United States General Accounting Office Washington, D.C. 20548 Resources. Community, Economic Development...
Date Sept. 18, 1986 Report No. GGD-86-150BR Title

Farm Credit System: Analysis of Financial Condition

. . *a 1 131016 -2 United States GeneraI Accounting Office (Ig?io * Briefing Report to the Chairman, Subcommittee on Conservation, C:redk, and Rural Development, Committee on Agriculture, House of Represelntatives SepGmber 1986 FARM CREDIT SYSTEM Analysis [of Financial Condition I GAWiiGD-86-16OBR - -- Zlnited St&e~ General Accounting OfTice Washington, DC 20648 General Government Division B-22050...
Date Sept. 9, 1986 Report No. GGD-86-122BR Title

Thrift Industry: Cost to FSLIC of Delaying Action on Insolvent Savings Institutions

? 1 _ - -4 unfted ,--. 3 OKice i f3taw3 Genlerrlkccoun~ Gdi!O September 1986 Briefing Report to the Chairman, * Subcommittee on Commerce, Consumer and Monetary Affairs, Committee on Government Operations, House of Representatives THRIFT INDUSTRY cost to FSLIC of Delaying Action on Insolvent Savings Institutions “t 03bLm GAO/GGD-86-122BR . , ’ r The Homrable lbug Barnard, Jr. Chairman,Sukcumitt...
Date Sept. 3, 1986 Report No. RCED-86-191BR Title

Farm Finance: Financial Condition of American Agriculture as of December 31, 1985

Nutrition, and Forestry, and the House Comm.%tee Agricud.tu:~re on FmM FIiWCE Financial Condition of American Agriculture as of December 31,‘1985 Illllllll Ill Ill 130884 ~3Lzvsn3 GAO/RCED-86-191BR . . 0 f * , A I --- ,GAO United States General Accounting OflIce Washington, D.C. 20548 -Resources, Community, and Economic Development Division B-220507 September 3, 1986 The Honorable Jesse A. Helms...
Date July 17, 1986 Report No. HRD-86-114BR Title

Defaulted Student Loans: Guaranty Agencies' Collection Practices and Procedures

. . United States General Accounting OfYlce . ‘3twqq Briefing Report to the Chairman, Subcommittee on Postsecondary Education, Committee on Education and Labor House of Representatives July 1986 DEFAULTED STUDENT LOANS Guaranty mncies’ Collection FVactices and Pmcedum GAO/HRD-86- 114BR 036 06 1 . , . UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 HUMAN RUOURCU OIVI~ION July 17,...
Date July 3, 1986 Report No. RCED-86-190FS Title

Synthetic Fuels: Status of the Great Plains Coal Gasification Project

United States General /3bjy)5 Fact Sh’eetfor Congressional Requeste rs Accounting Office 4 July 1986 SYNTHETIC FUELS Status of the Great Plains Coal Gasification Project GAO/RCED-8&190FS ()3slxL . -b -____ . . UNITED STATES OENERAL ACCOUNTING WASHINOTON, D.C. 20548 OFFICE RESOURCES, COMMUNITV, AND ECONOMIC OLVELDPMENT DIVISION July 3, 1986 H-207876 The Honorable Philip R. Sharp Chairman, Subcomm...
Date July 2, 1986 Report No. HRD-86-57 Title

Guaranteed Student Loans: Better Criteria Needed for Financing Guarantee Agencies

--- July 1986 - .---__ GUARANTEED- --~-STUDENTLOANS ---- -~----__. Better Criteria Needed for hancing Guarantee Agencies1 united states General Accounting Office Washington, D.C. 20648 Comptroller General of the United States B-204708 July 2, 1986 To the President of the Senate and the Speaker of the House of Representatives This report discussesthe fiiancmg of guarantee agenciesunder the Departme...
Date June 25, 1986 Report No. AFMD-86-60 Title

Financial Audit: Export-Import Bank's Financial Statements for 1985 and 1984

United States tieneial Accounting Office GAO---June 1986 t30208 _ Report to the Congress FINANCIAL AUDIT Export-Import Bank’s Financial Statements for 1985 and 1984 I -.L---- cxYsw+ GAO/AFMD-86-60 . . I . GAO - United States General Accounting Office Washington, D.C. 20548 Comptroller General of the United States El97710 *June2Fjq1986 To the President of the Senateand the Speaker of the Houseof ...
Date June 13, 1986 Report No. RCED-86-88 Title

Farmers Home Administration: Federally Acquired Farm Property Presents a Management Challenge

---I iiA0 June 1986 . United States Genegal A&ounting Office !W&l Report to Congressional Requesters FARMERS HOME ADMINISTRATION: Federally Acquired Farm Property \8 Presents a Management Challenge I ’ I III Ill 130161 Y )I . I -7 . General Accounting Office Washington, DE. 20648 Resources, Community, and Economic Development Division united statee B-221072 June 13, 1986 The Honorable Thad Cochr...
Date June 3, 1986 Report No. RCED-86-172BR Title

Housing Programs: Agency Actions To Discourage Single Family Mortgage Insurance Fraud

lJnl@d 8brtarr Ge&ml Aicounting OHce 130433 Briefing Report to the Honorable Frank R. Lautenberg United States Senate June 1986 HOUSINGPROGRAMS Agency Actions to Discourage Single Family Mortgage Insurance Fraud Not to be released outdch the boeral MUTROCTED Accounting Offlce except on the babhs ef *pacNic approval by the Office of Congre8oiomml Rehtiank !5357jb RELEASED RCdD-8s 172BR UNITED STATE...
Date Feb. 28, 1986 Report No. RCED-86-109FS Title

Synthetic Fuels: Status of the Great Plains Coal Gasification Project

c Udti s**s GeneraEAccc*unting (MT&x? Fact Sheet for Congressional Requesters SmETIC FUELS ~$3tatus the Great of Plains Coal Gasification Project ‘, GAO/RCED-86109FS 03q3y\ “\ ‘II yIll - _ ,. “_. ._ ._ _..-._.... .._._.__---,.---__ ___I___~ -----. . a UNITED STATES GENERAL WAS~INOTON, ACCOUNTING D.C. 20648 OFFICE February RESOURCES, COMMUNITY. AND ECONOMIC DEVELOPMENT DIVISION 28, 1986 B-2...
Date Dec. 24, 1985 Report No. RCED-86-36 Title

Synthetic Fuels: Status of the Great Plains Coal Gasification Project--August 1, 1985

4 * United States General Accounting Office I&! GAO December 1985 ’ Report to the Congress of the United States SYNTHETIC FUELS Status of the Great Plains Coal Gasification Project--August 1,1985 128710 GAO/RCED-86-36 About Our New Look .. This GAOreport was produced using a new design and printing process to help you get the information you need more easily. G&40 will phase in this new design d...
Date Dec. 23, 1985 Report No. GGD-86-35BR Title

Farm Credit System: GAO's Analysis of the Farm Credit System's Third Quarter Financial Condition

United States Gknerak Accounting Office Iacb3CZSCiS ‘* GAO December 1985 Briefing Report to Various Members of Congress * FARM CREDIT SYSTEM GAO’S Analysis of the System5Third Quarter Financial Condition GAO,‘GGD-86-35BR UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20540 OOHKRAL GOVERNMENT DLVISION December 23, 1985 B-220507 To Various Members of Congress In response to Members o...
Date Nov. 8, 1985 Report No. RCED-86-49FS Title

Great Plains: Status of the Great Plains Coal Gasification Project

United States General Accounting Office GAO November 1985 Fact Sheet for Congressional Requestors GREAT PLAINS Status of the Great Plains Coal Gasification Project GAO/RCED-8649FS -n,“, [I339 32 -1: T i,’ ., UNITED STATES GENERAL WASHINGTON, ACCOUNTING D.C, 20548 OFFICE November RESOURCES, COMMUNITY. AND ECONOMIC DEVELOPMENT DIVISION 8, 1985 B-207876 The Honorable Philip R. Sharp Subcommittee ...
Date Oct. 30, 1985 Report No. NSIAD-86-10 Title

Military Loans: Repayment Problems Mount as Debt Increases

( wnitedst&teuGenerrl~~omct 3afw GAO cktober198B Report to the Honorable David L. Boren, * U.S. Senate -D -Not to be released outside the General Accounting Office except on the basis of specific approval by the Ofi::: c; CT,:.““-.&-~:2!13!Rsl2tions. Gj- - ’ j MILITARY LOAM Repayment Problems Mount As Debt Increases 533866 AboutOurNewLook.. . This GAOreport was produced using a new design an...
Date Oct. 18, 1985 Report No. GGD-86-5 Title

Financial Institutions: Farm Credit Administration's Liquidation of Production Credit Associations

+ REPORT THEU.S. BY General Accounting Office Farm Credit Administration’s Liquidation Production Credit Associations Eight Members of Congress asked GAO to review the liquidation of insolvent borrower-owned cooperatives within the Farm Credit System that provide short- and intermediate-term credit to farmers and ranchers. In examining four associations during 1983 and 1984, GAO found that --the...
Date Oct. 4, 1985 Report No. GGD-86-13BR Title

Financial Institutions: Preliminary Analysis of the Financial Condition of the Farm Credit System

General Accounting Office Preliminary Analysis Of The Financial Condition Of The Farm Ciedit System i l GAOIGGD-88-13 BR OCTOBER 4,1986 ’ UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20S48 B-220507 To Various Members of Congress from Members of Congress respective offices we are condition of the Farm well as a projecticn of might be under two sets of In response to numerous requests ...
Date June 25, 1985 Report No. 127254 Title

Transportation: Financial Aspects of the Maritime Administration's Title XI Federal Ship Financing Fund

UNITER STATES GENERAL ACCOUNTING OFFICE ~ASHINGTGN, G-C. 20548 FOR RELEASE ON DELIVERY EXPECTED AT 10 A.M. JUNE 25, 1985 STATEMENT OF DENNIS J. DUQUETTE, SENIOR GROUP DIRECTOR MANAGEKENT DIVISION ACCOUNTING AND FINANCIAL BEFGRE THE SUECCMMITTEEON MERCHAtiT MARINE OF THE HOUSE CGMMITTEE ON MERCHANTKARINE AND FISHERIES Oh FINANCIAL ASPECTS OF THE Er.ARITIME ADMIhISTRATION'E TITLE XI FEDERAL SHIP FIN...
Date June 20, 1985 Report No. 127236 Title

Education: Guarantee Agency Funding, Operations, and Reserves Under the Guaranteed Student Loan Program

U.S. GENERALACCOUNTING OFFICE Washington, D.C. ~IIII~IUI II ll 127236 FOR RELEASE ON DELIVERY Expected at 10:00 A.M. Thursday, June 20, 1985 STATEMENT OF WILLIAM J. GAINER, ASSOCIATE DIRECTOR HUMANRESOURCES DIVISION BEFORETHE SUBCOMMITTEE POSTSECONDARY ON EDUCATION HOUSECOMMITTEEON EDUCATIONAND LABOR ON GUARANTEE AGENCYFUNDING, OPERATIONS, AND RESERVESUNDERTHE GUARANTEED STUDENTLOAN PROGRAM Mr. Ch...
Date June 19, 1985 Report No. 127222 Title

Education: The Department of Education's Actions To Collect Defaulted Student Loans

UNITED STATES GENERAL ACCOUNTING OFFICE 20548 WASHINGTON, D.C. FOR DELIVERY AT 9:30 A.M. EDT WEDNESDAY, JUNE 19, STATEMENT OF WILLIAM J. GAINER, ASSOCIATE DIRECTOR HUMAN RESOURCES DIVISION BEFORE THE SUBCOMMITTEE ON POSTSECONDARYEDUCATION OF THE COMMITTEE ON EDUCATION AND LABOR UNITED STATES HOUSE OF REPRESENTATIVES ON THE DEPARTMENT OF EDUCATION'S ACTIONS TO COLLECT DEFAULTED STIJDENT LOANS Mr. C...
Date May 13, 1985 Report No. RCED-85-4 Title

Housing: Stronger Internal Controls Over HUD Single-Family Mortgage Insurance Programs Would Discourage Fraud

REPORT THEUS. BY General Accounting Office Stronger Internal Controls Over HUD SingleFamily Mortgage Insurance Programs Would Discourage Fraud fhis report examines the circumstances that allowed real estate speculators in Camden, New ersey, to defraud the federal government by information submitted to private jlalsifying enders in obtaining HUD insured loans. GAO elieves that HUD’s procedures co...
Date March 8, 1985 Report No. NSIAD-85-56 Title

International Affairs: Stricter Enforcement of Refugees' Transportation Loan Repayments Needed

BY THEUS GENERALACCOUNTING OFFICE Report To The S8ecretary Department Of State Stricter Enforcement (If Refugees’ Transportation Loan Repayments Needed Since the mid-197% the United States has resettled and assisted hundreds of thousands of refugees from around theworld. The Department of State is primarily responsible for managing and funding refugee assistance programs. One such program calls ...
Date Feb. 6, 1985 Report No. RCED-85-71 Title

Agriculture and Food: Information on Delinquent Borrowers in Farmers Home Administration Major Farmer Loan Programs

1 c 3-@?~ ’ * I l&J52 REPORT B'YTHE US. General Accounting Office *’ information $$h Delinquent Borrowers h Farmers Hohe Administration Major Farmer Loan Programs Farmers Home Administration is the federal government’s lead agency for helping rural Americans improve their farming enterprises. --As of June 30, 1984, there were 267,252 active FmHA borrowers with one or more of the major farmer...
Date Aug. 4, 1983 Report No. 122154 Title

Financial Management: Debt Collection at the Department of Education

U.S. GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED 9:30 A.M. EDT THURSDAY, AUGUST 4, 1983 STATEMENT OF JOHN F. SIMONETTE ASSOCIATE DIRECTOR ACCOUNTING AND FINANCIAL MANAGEMENT DIVISION BEFORE THE SUBCOMMITTEE ON POSTSECONDARY EDUCATION COMMITTEE ON EDUCATION AND LABOR HOUSE OF REPRESENTATIVES ON "DEBT COLLECTION AT THE DEPARTMENT OF EDUCATION" Mr. the at Chairma...
Date June 10, 1983 Report No. ID-83-38 Title

Financial Management: Examination of the Export-Import Bank's Financial Statements for FY's Ended September 30, 1982 and 1981

-4 p I I* * u 4 \ ‘* BY THECOViPTROLLER GENERAL Repoit ToThe Congress OF THEUNITED STATES Examination Of The Export-Import Bank’s Financial Statements For The-Fiscal Years Ended September 30,1982 And 1981 GAO examined the financial statements of the Export-Import Bank for the fiscal years ended September 30, 1982 and 1981. The examination was made in accordance with generally accepted governme...
Date May 25, 1983 Report No. 121459 Title

Financial Institutions: Student Loan Marketing Association's Loan Consolidation Program

UNITED STATES GENERALACCOUNTING OFFICE Washington, D.C. 20548 FOR RELEASE ON DELIVERY Expected at 2:00 P.M. Wednesday, May 25, 1983 STATEMENTOF MORTON HENIG E. SENIOR ASSOCIATE DIRECTOR HUMANRESOURCES DIVISION BEFORE THE SUBCOMMITTEE EDUCATION, ARTS, & HUMANITIES ON SENATE COMMITTEEON LABOR AND HUMANRESOURCES AND THE SUBCOMMITTEE POSTSECONDARY ON EDUCATION HOUSECOMMITTEEON EDUCATIONAND LABOR ON TH...
Date March 10, 1983 Report No. 120766 Title

Financial Management: Unrealistic Use of Loans To Support Foreign Military Sales

For Release on Delivery 1983 Expected Thursday, at 10 a.m. March 10, STATEMENT OF FRANK C. CONAHAN DIRECTOR INTERNATIONAL DIVISION BEFORE THE SUBCOMMITTEE ON INTERNATIONAL SECURITY AND SCIENTIFIC AFFAIRS COMMITTEE ON FOREIGN AFFAIRS HOUSE OF REPRESENTATIVES Mr. Chairman and Members the of the Subcommittee: We appreciate entitled Sales" cover: "Unrealistic (GAO/ID-83-5, opportunity Use of Loans 8, ...
Date Feb. 7, 1983 Report No. HRD-83-29 Title

Education: Noncitizen Student Loan Defaults

. . -& UNITEDSTATES GENERALACCOUNTING ICE OFF WASHINGTON, D.C. 20548 HUMAN RESOURCES DIVISION B-200138 The Honorable Charles H. Percy, Chairman Subcommittee on Energy, Nuclear and Government Processes Proliferation, Committee on Governmental Affairs United States Senate Dear M r. Chairman: Subject: Noncitizen Student (GAO/HRD-83-29) Loan Defaults FEBRUARY 7,1983 I I 120599 we have reviewed default...
Date Jan. 19, 1983 Report No. ID-83-5 Title

International Affairs: Unrealistic Use of Loans To Support Foreign Military Sales

BY THECOMPTROLLER GENERAL Report ToThe Congress OF THEUNITEDSTATES Unrealistic Use Of Loans To Support Foreign Military Sales To finance foreign military sales, the United States has shifted from an on-budget grant and low-interest direct loan program to an off-budget high-interest loan program. This shift is not entirely realistic because --off-budget loans do not show military assistance and req...
Date July 2, 1982 Report No. EMD-82-106 Title

Energy: Financial Community's Perceived Impacts Which Could Result From Default or Successful Legal Challenge by Participants in Washington Public Power Supply System Nuclear Project Nos. 4 and 5

UNITEDSTATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 ENERGY AND MINERALS DIVISION July 119101 2, 1982 B-208084 The Honorable Jim Weaver House of Representatives Dear Congressman Subject: Weaver: i Financial Community's Perceived Impacts Which Could Result From Default or Successfull,Legal Challenge by Participants in Washington Public Power Supply System Nuclear Project Nos. 4 and 5j(GAO/...
Date April 6, 1982 Report No. CED-82-57 Title

Housing: Additional Efforts Are Needed To Minimize Lease Guarantee Losses

REPORTBY THEUS. - _ General Accounting Office Additional Efforts Are Needed To Minimize Lease Guarantee Losses In 1976, the Small Business Administration discontinued its program for guaranteeing rent payments on irommercial end industrial space for small businesses. However, SBA remains contingently liable for outstanding guarantees and pays rent in the event of defaults on leases. The’ majorit...
Date Feb. 3, 1982 Report No. 117445 Title

Education: GAO Reports Concerning Federal Student Financial Aid Programs

.t . q,* “, i UNITED STATES GENERAL 4CCOWNTING OFFICE WASHINGTON, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED 4T 1O:OO A.M. WEDNESDAY, FEBRUARY 3, 1982 STATEMENT OF GREGORY J. AHART, DIRECTOR HUMAN RESOURCES DIVISION BEFORE THE SUBCOMMITTEE ON POSTSECONDARY EDUCATION COMMITTEE ON EDUCATION AND LABOR UNITED STATES HOUSE OF REPRESENTATIVES ON CERTAIN GAO REPORTS CONCERNING FEDERAL STUDEMT FINANCIA...
Date Dec. 7, 1981 Report No. AFMD-82-14 Title

Financial Management: Defaulted Title I Home Improvement Loans--Highly Vulnerable to Fraud, Waste, and Abuse

~\i”T---I!!! COMPTROLLER GENERAL v - Report ToCharles H,Percy, United States Senate OFTHE UNITEDSTATES Defaulted Title I Home Improvement Loans -HighlyVulnerablIeTo Fraud, Waste, And Abuse’ Millions of dollars in defaulted home improvement loans that could be collected are written off annually by the Department of Housing and Urban Development (HUD). By eliminating wasteful management practice...
Date Sept. 30, 1981 Report No. HRD-81-124 Title

Education: Stronger Actions Needed To Recover $730 Million in Defaulted National Direct Student Loans

REPORTBY THE Comptroller General OF THE UNITEDSTATES Stronger Actions Needed To Recover $730 Million In Defaulted .NationaI Direct Student Loans The National Direct Student Loan program has been plagued by high default rates, resulting in defaulted loans totaling about $730 million. Schools GAO visited made inadequate efforts to collect defaulted loans, Schools need to adopt a tougher attitude tow...
Date Sept. 24, 1981 Report No. HRD-81-139 Title

Information Management: The Guaranteed Student Loan Information System Needs a Thorough Redesign To Account for the Expenditure of Billions

REPORTBY THE US. -- General Accounting Office The Guaranteed Student Loan information System Needs .A Thorough Redesign To Account For The Expenditure Of Billions From the Guaranteed Student Loan proram’ ince tion in 1965 through fiscal year s B960, the F ederal Government had guaran14.6 million student loans totalwhile paying about S6.8 fees and default claims to States and lenders in support o...
Date Aug. 28, 1981 Report No. HRD-81-128 Title

Veterans Administration Education Loan Program Should Be Terminated: Legislative Action Taken

HUMAN Rt5OURCES DIVISION August 28, 1981 B-204030 The Honorable G. V. Montgomery Chairman, Committee on Veterans' House of Representatives Dear Mr. Chairman: Affairs Subject: Veterans Administration Education Loan Program Should Be Terminated: Legislative Action Taken (HRD-81-128) In a February 25, 1981, meeting with your office, we discussed our followup review on our May 1978 report A/ on the Ve...
Date July 17, 1981 Report No. CED-81-123 Title

Housing: Better Management of Collateral Can Reduce Losses in SBA's Major Loan Program

BY THE U.5 GENERAL ACCOUNTING OFFICE Report To The Administrator ’ Small Business Administration Better Management Of Collateral Can Reduce Losses In SBA’S Major Loan Program In recent years, the Small Business Administration’s 7(a) program, the agency’s principal business loan program, has experienced increasing loan losses. As of April 1981, 14.4 percent ($1.8 billion) of the outstanding...
Date May 19, 1981 Report No. 115255 Title

SBA Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved

vi UNITED STATES GENERALACCOUNTINGOFFICE WASHINGTON, D.C. 20548 / FOR RELEASE ON DELIVERY EXPECTEDAT-9:3@-aim. DST'. TUESDAY, NAY 19, 1981 STATEMENT OF HENRY ESCHNEGE, DIRECTOR AND ECONOMICDEVELOPMENT DIVISION BEFORE TRE 'V i SUBCOMMITTEEQN COMMERCE,CONSUMER,AND h"'? MONETARY AFFAIRS COMMITTEE CN GOVERNMENT OPERATIONS & EOUSE OF REPRESENTATIVES '-'I. ON @IsA FRANCRISE LOANS: -Bf3ssws--av RISK OF L...
Date Dec. 18, 1980 Report No. CED-81-29 Title

Housing: Administrative Procedures and Controls Need Strengthening To Reduce Losses to HUD's Mortgage Insurance Fund

REPORTBYTHEU.Sa llY~3 General Accounting Office Administrative ProceduresAndControIs Need Strengthening To Reduce Losses To HUD’sMortgage Insurance Fund The Department of Housing and Urban Development could save millions of dollarsannually by changing its procedures to eliminate paying interest on reimbursable foreclosure expenses before the expenditures are made. Additional savings are availabl...
Date Sept. 22, 1980 Report No. HRD-80-125 Title

Education: Status of Special National Direct Student Loan Funds

t3AO United States henera Accounting Office Washington, DC 20548 Human Resources Division B-200138 SEPTEMBER 22,198O The Honorable The Secretary Shirley M. Hufstedler of Education Dear Madam Secretary: -' Subject: k tatus of Special National Direct Student Loan Funds (HRD-80-125) 3 Recently, we initiated a survey of the effectiveness efforts .t,o collect defaulted of educational institutions' Our ...
Date June 4, 1980 Report No. FGMSD-80-46 Title

Financial Management: The Law Enforcement Education Program Is in Serious Financial Disarray

BY THECOMPTROLLERGENERAL Report ToThe Congress OF THEUNITEDSTATES The Law Enforcement Education Program Is In Serious Financial Disarray The Law Enforcement Assistance Administration, through its Law Enforcement Education Program, gave $278 million in loans and grants for higher education to individuals working or planning to work in law enforceInadequate controls and inaccurate ment. records caus...
Date Jan. 16, 1980 Report No. CED-80-43 Title

Housing: Analysis of Multifamily Assigned Mortgages

4L c COMP’VWLLISR WiNEhAL .I O.C. SOS48 RELEASED RLaTRt6TED to be rehmeed - Not WMHINQTON, b+ TWtE UNITED STATES Aooowdlng B-197141 by the t&sWe the (IIEenera1 Offke exwspt am the b&ds ot spedfk approval Off&m of CongmwAhnal RdaiionhNUARy 16,1980 i The Honorable William Proxmire, Chairman Subcommittee on HUD-Independent Agencies Comnlittee on Appropriations - ~~~~30~ United States Senate Dear !4...
Date Dec. 27, 1979 Report No. CED-80-34 Title

The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management

RELEASED accounting excclpt ttm wd REBTRICTCD c Walt to be released outside the Genoi&i office basis of spodf~c approve by the Officre of Corrgrero:onal Ilaktlon@+ w3q REPORTBY THE Comptroller General , OF THE UNITEDSTATES The Surety Bond Guarantee Program: Significant Changes Are Needed In Its Management The Surety Bond Guarantee Program was established to guarantee up to 90 percent of a surety c...