Communities (121 - 128 of 128 items)
Collection of Credit Report Fees by the Farmers Home Administration
CED-77-134: Published: Oct 7, 1977. Publicly Released: Oct 7, 1977.
The Farmers Home Administration's rural housing loan program was reviewed to determine whether it was economical and efficient. The agency has joined other governmental agencies in obtaining credit reports from credit-reporting companies which are under contract with The Department of Housing and Urban Development. The Farmers Home Administration's regulations list the credit bureaus to be used, t...
Department of Housing and Urban Development Could Be Streamlined
FPCD-77-56: Published: Jun 16, 1977. Publicly Released: Jun 16, 1977.
Streamlining the Department of Housing and Urban Development's (HUD) organization through consolidating field offices and realining selected regional and field office functions could improve its delivery of services to the public at reduced costs.Streamlining the HUD organization could improve services to the public and save money by reducing the resources needed to provide the services. It would...
The Need for HUD to More Fairly Treat Homeowner Claims for Defects in Existing Insured Homes
102234: Apr 15, 1977
The Department of Housing and Urban Development (HUD) needs to treat more fairly homeowner claims for defects in existing insured homes. GAO review of the HUD Chicago area office Section 518(b) program revealed many claims processing problems. From April 1975 through January 1977, the Chicago office received 17 percent of the 77,000 claims received nationwide under the Section 518(b) program. Abou...
Government National Mortgage Association's Secondary Mortgage Market Activities
CED-77-28: Published: Mar 8, 1977. Publicly Released: Mar 8, 1977.
The Government National Mortgage Association participates in the buying and selling of mortgages in the secondary mortgage market.The Association attempts to accomplish its legislatively assigned missions primarily by: (1) issuing to mortgage originators commitments to purchase mortgages with primarily below-market interest rates; (2) purchasing and selling such mortgages; and (3) guaranteeing sec...
Major Changes Are Needed in the New Leased-Housing Program
CED-77-19: Published: Jan 28, 1977. Publicly Released: Jan 28, 1977.
The Department of Housing and Urban Development (HUD) section 8 leasing program, the principal Federal program for housing lower income persons, has had limited success in providing occupancy for lower income persons and stimulating new housing starts.Major changes are needed to improve administration and increase activity under four section 8 programs: existing, newly constructed, substantially r...
GAO Testimony on Secondary Mortgage Market Activities by the Government National Mortgage Association
CED-77-16: Published: Nov 29, 1976. Publicly Released: Nov 29, 1976.
Several alternatives to the present practices of the Government National Mortgage Association's secondary mortgage market activities warrant consideration.The Association's ability to hold mortgages during periods when interest rates are relatively high is restricted by the Office of Management and Budget's required end of the fiscal year outlay ceiling. The Association requires bidders at securit...
Examination of Financial Statements Pertaining to Insurance Operations of the Federal Housing Administration, Fiscal Year 1975
CED-76-157: Published: Nov 11, 1976. Publicly Released: Nov 11, 1976.
The Federal Housing Administration administers mortgage insurance programs under which lending institutions are insured against loss in financing first mortgages on various types of housing. Insurance is also provided on loans which finance property alterations, repairs and improvements, and mobile homes.At June 30, 1975, FHA's combined insurance reserves were depleted for the first time (totaling...
Policies, Procedures, And Practices For Determining Requirements For Military Family Housing And Bachelor Officer And Enlisted Quarters
B-133316: Published: Feb 18, 1969. Publicly Released: Feb 18, 1969.
GAO reviewed the Department of Defense's (DOD) program for obtaining funds to build additional housing facilities at various military installations, focusing on determining the requirements for military family housing and bachelor officer and enlisted quarters.GAO noted that: (1) DOD's 1968 request for family housing was of questionable validity principally because there was not, at the installati...