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GAO Reports by subject "Mortgage programs"

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Date Report No. Title
Date June 27, 1988 Report No. RCED-88-190BR Title

Home Ownership: Targeting Assistance to Buyers Through Qualified Mortgage Bonds

I United States General Accounting Office GAO June 1988 Briefing Report to the Honorable Jim Moody, House of Representatives . HOME OWNERSHIP Targeting Assistance to Buyers Through Qualified Mortgage Bonds . cl-e+ GAO/RCED-f3&19OBR I //3cw GAO United States General Accounting Offke Washington, D.C. 20548 Resources, Community, Economic Development and Division B-211508 June27,1988 The Honorable Jim...
Date May 2, 1988 Report No. AFMD-88-3 Title

CPA Audit Quality: Improved Controls Are Needed To Ensure Quality Audits of Federal Loan Programs

May 1988 CPA AUDIT QUALITY Improved Controls Are Needed6 Ensure Quality Audits of Federal Loan programs n ::. .. GAO/AFMD-NM . ‘ 1_. Accounting and Financial Management Division B-2 19869 May 2,1988 The Honorable Richard E. Lyng The Secretary of Agriculture The Honorable Samuel R. Pierce, Jr. The Secretary of Housing and Urban Development The Honorable James Abdnor Administrator Small Business A...
Date April 18, 1988 Report No. RCED-88-141BR Title

Housing Programs: HUD Policies To Minimize Costs in Acquiring Foreclosed Properties

y. I United States General Accounting 13’ 3 Office 3c1j e L GAO Ap 11988 r Briefing Report to the Chairman, Subcommitteeon HUD-Independent Agencies, Committee on Appropriations, U.S. Senate i HOUSING PROGRAMS HUD Policies to Mirumize Costs in Acquiring Forecl/osed Properties l l 1 1 ‘ 1111 II 135591 United Btatm Oeneral Accowdng Office Waahhqton, D.C. 20548 Rewmcea, (IknnmnniQ, and Econodc D0v...
Date March 28, 1988 Report No. RCED-88-111 Title

Home Ownership: Mortgage Bonds Are Costly and Provide Little Assistance to Those in Need

United States General Accounting Office GAO March 1988 Report to the Chairman, Joint Committee on Taxation, U.S. Congress HOME OWNERSHIP Mortgage Bonds Are Costly and Provide Little Assistance to Those in Need GAO/RCED-88-111 Chapter 3 Quallf%ed Mortgage Bonds Do Little Increase Affordability to For instance, while the spread between Aaa corporate rates and conventional mortgages averaged about 16...
Date March 17, 1988 Report No. T-RCED-88-26 Title

Veterans Affairs: VA's Home Loan Guaranty Program

Testimony For Release op Delivery E)cpected at lo:00 a.m. EDT Thursday, Mhrch 17, 1988 VA's Home Loan Guaranty Program Statement of John H. Luke, Associate Director Resources, Community, and Economic Development Division , Before the Subcommjttee on Housinq and Memorial Affairs Comm.ittee on Veterans' Affairs House of Representatives llllllll0llll0 135318 GAO/T-RCED-88-26 GAO Form 160 (12/117) Mad...
Date March 9, 1988 Report No. GGD-88-46BR Title

Thrift Industry: Federal Home Loan Bank Board Advances Program

, Briefing Report to the Honorable Doug Barnard, Jr., Chairman, Subcommittee on Commerce, Consumer, and Monetary Affairs, House Committee on Government Operations THRIFT INDUSTRY -Federal Home Loan Bank Boaxd Advances PrOgram GAO United States General Accounting Office Washington, D.C. 20548 General Government Division B-226353 March 9, 1988 The Honorable Doug Barnard, Jr. Chairman, Subcommittee o...
Date Sept. 30, 1987 Report No. AFMD-87-55 Title

Financial Audit: Government National Mortgage Association's Financial Statements for 1986

Report to the ‘ Congress September 1987 FINANCIAL AUDIT Government National Mortgage Association’ s lf?irmncialStatement’ s for 1986 134235 04cB40 GAO,‘ AFMIW7-56 GAO Unbd &&es Gmerd Acmuntiug Office WmMn, D.C. 20548 chmptrQller Gmwral of the utiti $tdes B-l 14828 September 30,1987 To the President of the Senate and the Speaker of the House of Representatives This report presents our opini...
Date Sept. 30, 1987 Report No. RCED-87-165 Title

Internal Controls: Weaknesses in HUD's Single Family Housing Appraisal Program

United States General Accounting Office j GAO September 1987 Report to the Secretary of Housing and Urbao Development INTERNAL CONTROLS Weaknessesin HUD’ s Single Family Housing Appraisal Program jI I ’ II Iii 134078 GAO/RCED-87466 --- GAO zst;;z::; c-2o548 General Accountmg Office , . I. Resources, Community, and Economic Development Division B-226204 September 30, 1987 The Honorable Samuel R...
Date March 31, 1987 Report No. RCED-87-54 Title

Rural Housing: Impact of Refinancing and Selling FmHA Section 502 Homeownership Loans

United . - GAO 7 March 13a552 Report to Congressional Committees States General Accounting Office 1987 RURAL HOUSING Impact of Refinancing and Selling F’mHA ,Section502 Homeownership Loans II 132552 I 03&t33 GAO/WED-87-54 ‘GAO United States General Accounting Office Washington, D.C. 20548 Resources, Community, and Economic Development Division B-214747 March 31, 1987 The Honorable William Prox...
Date March 26, 1987 Report No. T-RCED-87-9 Title

Housing: Potential Reduction in Federally Assisted Rental Housing From Expiring Section 8 Contracts and Mortgage Prepayment Restrictions

2Y47 Testimony For Release on Delivery Expected at '9:30 a.m. EST Thursday :March 26, 1987 Potential Reduction in Federally Assisted Rental Housing From Expiring Section 8 Contracts and Mortgage Prepayment Restrictions Statement of Deputy Director Neal P. Curtin, Resources, Community, and Economic Division Development . Before the Subcommittee on Housing and Community Development Committee on Bank...
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. 18, 1986 Report No. RCED-86-33 Title

Rural Housing: Opportunities To Reduce Costs and Better Target Assistance

__ United States Genex Report to the Secretary of Agriculture .----, ‘cbruary 198A RURAL HOUSING 80 Opportunities to Reduce Costs and Better Target Assistance- I II 129129 GAO/I Appendix VI Advance CommentaFrom the Department of A$TIcul~ FmHAReSPONSE 1922-C, Exhibit A atetea that fair quality construction is FmHA Instruction defined a8 e well built home normally acceptable to buyers of clmall mo...
Date Nov. 4, 1985 Report No. OCE-86-1 Title

Financial Institutions: Difficulties in Evaluating the Effectiveness of the Community Reinvestment Act of 1977

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON,D.C. 20648 OWCC 01 TWC CWll~ 8tONOMllT NOVEMBER 4,1985 B-220525 The Honorable Jake Garn Chairman, Committee on Banking, Housing and Urban Affairs United States Senate Dear Mr. Chairman: .Difficulties Community 128318 Subject: in Evaluating the Effectiveness of Reinvestment Act of 1977 (GAO/OCE-86-1) the We are responding to your request that GAO p...
Date Aug. 26, 1985 Report No. RCED-85-142 Title

Agriculture and Food: Processing Time for Farmers Home Administration's Operating Loans in Minnesota During Fiscal Year 1984

c UNITED STATES GENERAL WASHINGTON, ACCOUNTING D.C. 20548 OFFICE RESOURCES, COMMUNITY, AND ECONOMIC DEVELOPMENT DIVISION August B-219568 The Honorable Douglas K. Bereuter House of Representatives Dear Mr. Bereuter: Subject: 26, 1985 Processing Time for Farmers Home Administration's Operating Loans in Minnesota During Fiscal Year 1984 (GAO/RCED-85-142) As requested in your May 30, 1984, letter and ...
Date July 17, 1985 Report No. RCED-85-102A Title

Housing: The Federal National Mortgage Association in a Changing Economic Environment

Date July 10, 1985 Report No. RCED-85-112 Title

Housing: Impact of Federal Tax Provisions on Resyndication of Federally Assisted Rental Housing

~United States Senate Impact Of Federal Tax Provisions On Resyndication of Federally Assisted i Rental Housing The sale of used rental properties to new groups of investors (resyndication) has become an increasingly popular way of obtaining investment in low-income rental housing administered by the Department of Housing and Urban Development (HUD). This report provides information on the tax ince...
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 April 15, 1985 Report No. RCED-85-102 Title

Housing: The Federal National Mortgage Association in a Changing Economic Environment

REPORTBY TtiE Com~ptrolller General OF THE UNlITED STATES The Federal National Mortgage Associa:tion ,,,” A”’Changing ,,,toI~~fl Economic Eniviironm:ent FNMA is the n’ation’s largest investor in residential mortgages. Its $88 billion in mortgages makes it the nation’s third largest company. Its principal business--purchasing mortgages by raising funds with shorter-term debt--is inheren...
Date March 13, 1985 Report No. RCED-85-38 Title

Housing: Debentures Not Serving Purposes HUD Intended--Legislative Changes Could Help Increase Effectiveness and Minimize Interest Costs

B’Y’ THECOMPTROLLER GENERAL Report ToThe ConQress OF THEUNITEDSTATES Debentures Not Serving Purposes HUD Intended--Legislative Changes Could Help Increase Effectiveness And Minimize Interest Co,sts The National Housing Act of 1934 authorizes the Department of Housing and Urban Development (HUD) to use long-term, low-interest debentures instead of cash to pay mortgage insurance claims. HUD uses...
Date May 24, 1984 Report No. 124215 Title

Budget and Spending: Federal Credit Programs

, UNITED STATES GENERAL ACCOUNTING OFFICE Washington, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED AT 10:00 a.m. MAY 24, 1984 124215 STATEMENT OF HARRY S. HAVENS ASSISTANT COMPTROLLERGENERAL BEFORE THE SUBCOMMITTEEON ECONOMIC STABILIZATION COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS HOUSE OF REPRESENTATIVES ON FEDERAL CREDIT PROGRAMS Mr. Chairman and Members of the Subcommittee: to appear today...
Date April 5, 1984 Report No. RCED-84-151 Title

Housing: Borrowers Pay Lower Effective Interest Rates for Large Conventional Mortgage Loans

UNITED STATES GENERAL WASHINGTON, ACCOUNTING D.C. 20548 Of FICE April RESOURCES COMMUNITY AND ECONOMIC DEVELOPMENT DIVISION 5, 1984 E-214822 The Honorable Steve Bartlett House of Representatives Dear Mr. Bartlett: Subject: Borrowers Pay Lower Effective Large Conventional I**ortgage 124072 Interest Rates for Loans (GAO/RCED-84-151) requested that we study how Your December 23, 1983, letter, the sta...
Date March 5, 1984 Report No. RCED-84-119 Title

Housing: Excessive Assumption Fees Charged on Federal Home Loan Mortgage Corporation Mortgages

UNITED STATES GENERAL WASHINGTON, ACCOUNTING D.C. 20548 OFFICE March 5, 1984 AN0 ECONOMIC DEVELOPMENT OlVtSlON RESOURCES. COMMUNE. i '6 ,.a B-214393 ,:. : ;' i:,;‘& , ', The Honorable Mary Rose Oakar House of Representatives Dear Ms. Oakar: RELEASED Excessive Assumption Fees Charged .qn Federal Home Loan Mortgage Corporation Mortgages~,i(RCED-84-11g) 1""~11, an investigation On August 25, 1983, ...
Date Sept. 13, 1983 Report No. 122339 Title

Housing: The First Time Homebuyer Assistance Act of 1983

. s \ UNITED STATES GENERALACCOUNTING OFFICE W A S H INGTON,D.C. 20548 FOR RELEASEON DELIVERY EXPECTEDA T lo:30 A.M. EDST TUESDAY, S E P T E M B E R 13, 1983 ~lllll~l~ II 122339 STATEMENT OF J. DEXTER PEACH, DIRECTOR RESOURCES, O M M U N ITY,AND ECONOMIC C DEVELOPMENT DIVISION BEFORETHE C O M M ITTEEON F INANCE UNITED STATES SENATE ON THE F IRST T IME HOMEBUYER ASSISTANCE ACT OF 1983 M r. Chairman...
Date May 25, 1983 Report No. 121488 Title

Housing: Department of Housing and Urban Development Policies Concerning Multifamily Property Management and Disposition

UNITED STATES GENERALACCOUNTING OFFICE Washington, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTEDMAY 25, 1983 STATEMENTOF J. DEXTER PEACH, DIRECTOR RESOURCES,COMMUNITY, AND ECONOMICDEVELOPMENT DIVISION BEFORETHE HOUSE SUBCOMMITTEE MANPOWER ON AND HOUSING COMMITTEEON GOVERNMENT OPERATIONS ON DEPARTMENT HOUSING AND URBAN DEVELOPMENT OF POLICIES CONCERNING MULTIFAMILY PROPERTYMANAGEMENT AND DISPOSITION ...
Date April 18, 1983 Report No. RCED-83-145 Title

The Costs and Benefits of Single Family Mortgage Revenue Bonds: Preliminary Report

h’ THE US GENERAL ACCOUNTING OFFICE Report To The Chairman Committee On Finance United States Senate The Costs And Benefits Of Single-Family Mortgage Revenue Bonds: Preliminary Report GAO is in the final stages of completing a comprehensive study on the costs and benefits of mortgage revenue bonds. These taxexempt bonds which are issued by State and local agencies provide subsidized loans to fir...
Date Oct. 25, 1982 Report No. CED-82-121S Title

Housing: Analysis of Options for Aiding the Homebuilding and Forest Products Industries

StiPPLEMENTTOAREPORTBYTHE Comptroller General A OF THE UNITEDSTATES i Analysis Of Options For Aiding i The Homebuilbing And ! Forest Products Industries : This supplement presents the detailed results of modeling work performed under contract to GAO by Data Resources, Incorporated; Chase Econometrics/Regional Data Associates; and William B. Brueggeman of Southern Methodist University. IIIIlllllU 1...
Date Aug. 31, 1982 Report No. CED-82-121 Title

Housing: Analysis of Options for Aiding the Homebuilding and Forest Products Industries

BV!THECOMPTROLLER GENERAL R:LEASE~ Report To The Chairman Committee On Appropriations House Of eepresentatives OF THE UNITEDSTATES alysis Of Options For ing The Homebuilding ducts Industries Con&n over the continuing economic fecesthe downturn in the housing has prompted 8 wide variety of s to aid housing finance and homeAlthough none of these proposals ing about a long-lived recovery unless overa...
Date Aug. 18, 1982 Report No. AFMD-82-18 Title

Financial Management: Problems Continue in Accounting for and Servicing HUD-Held Multifamily Mortgages

#be referred outo?c?e the (Jhmrrl approval Accodnp .Offlce except on the &a& et rpeclflc bY the (jffb of Congressional ftolations. / ~mmtrC~o - Mot to (WV RELEASED 1197 (7 REPORT THE BY f$omptroller General C)F THE UNITED STATES Problems Continue tn Accounting For And Servicing HUD-Held Multifamily Mortgages ay 1980, GAO reported that the Departt of Housing and Urban Development not aggressively c...
Date June 30, 1982 Report No. CED-82-109 Title

Housing: HUD Reassessment Procedures for Multifamily Housing Projects During the Approval Process and Construction Phase

UNIW WTESGENERALACCOUNTING OFFICE WASHINGTON, D.C. 20548 + RELEASED CDMM~ DwMpMm AFFC) gaNaMIC ~~~~~~~~ R#WRItST&D - Nat to be released mtstde H\e amem1 aPWQvs’ JUNE 30,1W2 b-208003 Accounting office except on the basis Of Specific by the ofme of Congrsssional Relations. The Honorable United States Dear Senator Subject: John C: Danforth Senate Danforth: HUD's Reassessment Procedures for Multifam...
Date June 28, 1982 Report No. CED-82-96 Title

Housing and Community Development: National Problems

_I_ I IfW ‘. STUDY THESTAFFOkTiE U.S. BY General Accounting Office Housing National And Community Problems Development: This study on major issues concerning Federal involvement in the housing and community development area, covers a broad range of topics, including housing strategies and assistance programs, mortgage credit and finance, community and economic devetopment, aid to small businesse...
Date June 11, 1982 Report No. AFMD-82-15 Title

Housing: VA and HUD Can Improve Service and Reduce Processing Costs in Insuring Home Mortgage Loans

BY;THECOMPTROLLERGENERAL R/eport To The Congress Of THEUNITEDSTATES V And HUD Can Improve Service A d Reduce Processing Costs In” Insuring Home Mortgage Loans VA nd HUD can provide more timely service to ome buyers and save at least 84 million an i ually by following the private mortgage insl/rrers’ practice of relying on approved commetkial lenders for certain underwriting activitie involved ...
Date Feb. 25, 1982 Report No. CED-82-42 Title

October 1981 Recommendations of the President's Commission on Housing: Issues for Congressional Consideration

REPORTBY THE Comptroller General OF THE UNITEDSTATES October 1981Recommendations Of The President’s Commission On Housing: IssuesForCongressional Consideration In its interim report, the President’s Commission on Housing made a number of recommendations which could substantially change current housing policies and programs and have major effects on the housing market. The recommendations, focu...
Date Dec. 21, 1981 Report No. EMD-82-1 Title

Energy: Greater Energy Efficiency Can Be Achieved Through Land Use Management

, , b ACHE coMp~~okER GENERAL Report To The Congress OF THEUNITEDSTATES Greater Energy Efficiency Can Be Achieved Through Land UseManagement When planning new growth and redevelopment, communities can significantly reduce ener y consumption by incorporating energyeffic f ent land use concepts such as site and building design, locational planning, and higher dejnsrty development. DeciSionmakers, ho...
Date July 2, 1981 Report No. CED-81-53 Title

Housing: New Mortgages for Financing Homes Need Uniform and Comprehensive Consumer Safeguards

Report To The Congress OF THE UNITED STATES New Mortgages For Financing Homes Need Uniform And Comprehensive Consumer Safeguards Federal financial regulatory agencies have authorized new mortgage instruments for singlefamily homes which have inconsistent consumer safeguards. Consumers are not assured of receiving adequate information for making decisions in selecting the mortgage which best meets ...
Date June 9, 1981 Report No. CED-81-108 Title

Housing: HUD Should Strengthen Mortgagee Monitoring To Reduce Losses

116763 !’ ~- ~ Request for copies of GAO reports should be sent to: U.S. General Accounting Office Document Handling an’d Information Services Fa’cility P.O. Box 6015 Gaithersburg, Md. 20760 Telephone (202) 275-6241 The first five copies of individual reports are free of charge. Additional copies of bound Additional a#udit reports are $3.25 each. copies of unbo’und report (i.e., letter rep...
Date Feb. 26, 1981 Report No. CED-81-41 Title

Housing: Further Actions Needed To Improve Management of HUD Programs

BY THECOMPTROLLERGENERAL Report ToThe Congress OF THEUNITEDSTATES Further Actions Needed To Improve Management Of HUD Programs In recent years, GAO has made numerous recommendat ions in its reports on Federal housing and community development programs to reduce costs and increase effectiveness. The Department of Housing and Urban Development has taken actions on many of these recommendations, resu...
Date Feb. 9, 1981 Report No. CED-81-44 Title

Housing: HUD's Payment of Distributive Shares From the Mutual Mortgage Insurance Fund

COMPTROLLER GENERAL WASHINGTON OF D.C. THE UNITED 20548 STATES B-201669 FEBRUARY 9,198l The Honorable Samuel R. Pierce, Secretary of Housing and Urban Development Dear Mr. Secretary: Jr. II llll IlIllll I 114275 Shares from the t-HUD's Payment of Distributive Mutual Mortgage Insurance Fund (CED-81-44) -1 This report reviews the manner in which the Department of Housing and Urban Development (HUD) ...
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 Nov. 20, 1980 Report No. 113894 Title

Financial Management: Improving the Collection of Debts Owed the Government

UNITED STATES GENERAL AC""';';;?;" WASHINGTON, D.C. OFFICE w-=&&j FOR RELEASE ON DELIVERY EXPECTEDBY 10:OOam EST THURSDAY, NOVEMBER20, 1980 STATEMENTOF DONALD L. SCANTLEBURY DIVISION DIRECTOR AND CHIEF ACCOUNTANTOF GAO ACCOUNTING AND FINANCIAL MANAGEMENT DIVISION BEFORE THE COMMITTEE ON GOVERNMENTAL AFFAIRS UNITED STATES SENATE ON THE COLLECTION OF DEBTS OWEDTHE GOVERNMENT I -J Mr. Chairman and Me...
Date Sept. 30, 1980 Report No. PAD-80-13 Title

Income Security: Evaluation of Alternatives for Financing Low and Moderate Income Rental Housing

, ,I 1 i Y 9-r iW 4 wra BY THECOMPTROLLERGENERAL Report To The Congress OF THEUNITED STATES Evaluation Of Alternatives For Financing Low And Moderate Income Rental Housing The cost ofsubsidizing housing is escalating rapidly while demand for lower income housin far exceeds supply. A key question is how e 9fectively are present programs encouraging housing production for needy households. GAO analy...
Date Sept. 24, 1980 Report No. CED-80-139 Title

Housing: Domestic Housing and Community Development Issues for Planning

SIUDY BY THE STAFF THE U.S. OF General Accounting Office Domestic Housing Communi ,ty Devel Issues For Planning As we enter the 1980s a decent, safe, and sanitary home and a suitable living environment for all Americans is a goal that is still far from being achieved. The increasing cost of constructing and operating housing continues to adversely affect our Nation’s efforts in meeting housing n...
Date March 28, 1980 Report No. CED-80-1 Title

Housing: Ways of Providing a Fairer Share of Federal Housing Support to Rural Areas

BY THECOMPTROLLERGENERAL Report To The Congress OF THEUNITEDSTATES ’ Ways Of Providing A Fairer 1 Share Of Federal Housing Support To Rural Areas Many rural American families still live in substandard conditions, although progress has been made over the last 30 years in alleviating housing shortages and improving conditions. Rural housing problems today are most acute in remote areas, among the ...
Date March 19, 1980 Report No. FGMSD-80-27 Title

Financial Management: Housing and Urban Development's Efforts To Improve Its Accounting System for Mortgage Insurance Premiums

UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON. D.C. 20548 DIVISION GENERAL OF FINANCIAL AND STUDlIEs MARCH 19, 19s” MANAGEMENT B-114860 The Honorable Moon Landrieu The Secretary of Housing -'"%','^ ---a cr..l\-.b and Urban Development Dear Mr. Secretary: 111840 and Urban Development's Efforts to gousing c~ Improve its Accounting System for Mortgage Insurance ?remium$?FGMSD-807;27) SW..I" .y...
Date Jan. 23, 1980 Report No. 111413 Title

Housing: HUD's Accounting System for Secretary-Held Multifamily Mortgages

UNITED STATES GENERAL ACCOUNTING OFFICE 20548 WASHINGTON, D-CFOR RELEASE ON DELIVERY EXPECTED AT 1O:OO A.M. EST January 23, 1980 111413 STATEMENT OF D. L. SCANTLEBURY DIRECTOR, FINANCIAL AND GENERAL MANAGEMENT STUDIES DIVISION BEFORE THE .G SUBCOMMITTEE ON HUD AND INDEPENDENT AGENCIES _, QP'3 c, COMMITTEE ON APPROPRIATIONS gci. UNITED STATES SENATE ON ,0&3 UD'S ACCOUNTING SYSTEM FOR ARY-HELD MULTI...
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 Jan. 11, 1980 Report No. B-197139 Title

Government Operations: [Comments on S. 2064]

g8 \ m / COMPTROLLER GENERAL OF THE UNITED STATES D.C. ~WASHINGTON, Z0548 B- 10971 ~January CEDO-97 11, 1980 L1o The Honorable Russell B. Longs Chairman, Committee on FinanceA 0 United States Senate va i Dea f in h: S. 206 7was recently referred to the Senate Committee on inance fr its consideration. The bill would amend Section 103 of the Internal Revenue Code of 1954 to provide that the interest...
Date Nov. 13, 1979 Report No. 110920 Title

Housing: HUD's Management and Monitoring of the Clifton Terrace Apartments and General Information on Assigned Multifamily Projects

. UNITED STATES GENERAL ACCOUNTING OFFICE 20548 WASHINGTON, D.C. FOR RELEASE ON DELIVERY EXPECTED AT 10:00 A.M. EST TUESDAY, NOVEMBER 13, 1979 STATEMENT OF HENRY ESCHWEGE, DIRECTOR COMMUNITY AND ECONOMIC DEVELOPMENT DIVISION BEFORE THE SUBCOMMITTEE ON HUD-INDEPENDENT AGENCIES COMMITTEE ON APPROPRIATIONS UNITED STATES SENATE ON F' LHUD'S MANAGEMENT AND MONITORING OF THE CLIFTON TERRACE APARTMENTS A...
Date Aug. 16, 1979 Report No. FGMSD-79-41 Title

Financial Management: Weaknesses in Servicing and Accounting for Home Mortgages Held by HUD

* BY THECOMPTR(-J I FR &N&$L r l4&4wblm&! LMI 10148 llllllllllllllllllllllllllllllllll Congress OFTHEUNITEDSTATES Weaknesses In Servicing And Accounting For Home ages Held By HUD The Department of Housing and Urban Development services and accounts for mortgages valued at over $151 million. These mortgages were either bought from commercial lenders to prevent foreclosure on defaulted mortgagors ex...
Date March 14, 1979 Report No. FGMSD-79-14 Title

Financial Management: Action Being Taken To Correct Weaknesses in the Rehabilitation Loan Program

REPORTBY THE U.S. General Accounting Office Action Being Taken To Correct Weaknesses In The Rehabilitation Loan Program The Department of Housing and Urban Development services and accounts for defaulted rehabilitation loans valued at over $53 million. In fiscal 1977 over $2 mill ion, or about 53 percent of the total amount due on the loans during the year, was not collected. This situation result...
Date Feb. 5, 1979 Report No. CED-79-44 Title

Domestic Housing and Community Development: Issues for Planning

Domestic Housing And Community Development: Issues For Planniqg CEO-7944 A cltxxmt, safe, and sanitary home and a suitable living environment for all Americans is a goal that is still far from being achieved, The increasing cost of constructing and ol)erating houslrlg continues to adversely affect our Nation’s efforts in meeting housing needs. Likt!wise, the migration of people and jobs and the ...