Mortgage loans (21 - 27 of 27 items)
Role of Qualified Mortgage Bonds in Providing Home Ownership Opportunities
T-RCED-88-31: Published: Mar 28, 1988. Publicly Released: Mar 28, 1988.
GAO discussed whether Congress should extend the issuance authority for qualified mortgage bonds, which provide fixed-rate loans at below-market interest rates to assist first-time home buyers. GAO noted that: (1) bond financing provided only limited home ownership opportunities and made only a marginal difference in mortgage affordability; (2) most assisted buyers probably could have qualified fo...
Rural Housing: Opportunities To Reduce Costs and Better Target Assistance
RCED-86-33: Published: Feb 18, 1986. Publicly Released: Feb 18, 1986.
GAO discussed a variety of measures that the Farmers Home Administration's (FmHA) county offices could take to reduce housing costs and target more assistance to very low-income households and those occupying substandard housing.GAO found that: (1) FmHA county offices generally did not adopt cost reduction measures suggested in FmHA guidelines; (2) as of October 1, 1985, FmHA had not issued regula...
Steps Taken by Regulatory Agencies To Implement Section 603 of the Housing and Community Development Act of 1980
115593: Jun 25, 1981
GAO commented on a congressional request to ascertain what steps have been taken by various Federal regulatory agencies of financial institutions to implement a section of the Housing and Community Development Act of 1980. In undertaking the review, GAO confined its inquiry to interviewing officials at six Federal agencies and focused it around whether: the agencies discouraged financial instituti...
Domestic Housing and Community Development: Issues for Planning
CED-79-44: Published: Feb 5, 1979. Publicly Released: Feb 5, 1979.
The critical housing and community development issues facing the nation are identified. Of the 19 areas of concern, 8 are considered to be priority areas. The following housing-related priority areas are: evaluation of the nation's efforts to house lower-income families; minimizing subsidized housing operating costs and improving management; evaluation of federal efforts to encourage the productio...
What Was the Effect of the Emergency Housing Program on Single-Family Housing Construction?
CED-78-155: Published: Nov 21, 1978. Publicly Released: Nov 21, 1978.
The goal of the emergency housing program was to stabilize the housing market against cyclical downturns by increasing the supply of reasonably priced mortgage credit, thus increasing the demand for new homes.The emergency housing program for single-family homes has helped many to buy homes and has generated additional housing and jobs during a depressed period for the housing industry. However, m...
Agency for International Development's Housing Investment Guaranty Program
ID-78-44: Published: Sep 6, 1978. Publicly Released: Sep 6, 1978.
Under the Agency for International Development's (AID's) Housing Investment Guaranty Program (HIG), U.S. private lenders provide long-term financing at commercial interest rates for housing projects undertaken by developing countries with AID assistance. The U.S. Government provides a "full faith and credit" guaranty of repayment of principal and interest. Since its inception in 1976, the HIG prog...