Government guaranteed loans (31 - 40 of 46 items)
Multifamily Housing: Status of HUD's Multifamily Loan Portfolios
RCED-94-173FS: Published: Apr 12, 1994. Publicly Released: Apr 12, 1994.
Pursuant to a congressional request, GAO reviewed the financial status of the Department of Housing and Urban Development's (HUD) multifamily insured and assigned loan portfolios, focusing on the: (1) number of current and delinquent loans; (2) ratio of loan delinquencies to the unpaid principal balances; and (3) actions that HUD has taken to resolve the delinquencies.GAO found that: (1) about 97...
Housing Finance: Characteristics of Borrowers of FHA-Insured Mortgages
RCED-94-135BR: Published: Apr 6, 1994. Publicly Released: Apr 6, 1994.
Pursuant to a legislative requirement, GAO provided information on changes in the: (1) income, age, and race of borrowers of Federal Housing Administration (FHA)-insured mortgages; and (2) location of their homes.GAO found that: (1) 24 percent of FHA-insured mortgages originated in 1991 went to low-income families, and 41 percent of FHA-insured loans originated in 1991 went to moderate-income fami...
Housing Finance: Expanding Capital for Affordable Multifamily Housing
RCED-94-3: Published: Oct 27, 1993. Publicly Released: Oct 27, 1993.
Pursuant to a legislative requirement, GAO examined: (1) the problems that have led to the shortage of mortgage financing for affordable multifamily housing; (2) the factors limiting the expansion of multifamily housing financing; (3) alternative federal credit enhancements; and (4) ways to limit the federal government's exposure to risk in adopting specific credit enhancements.GAO found that: (1)...
Government National Mortgage Association: Greater Staffing Flexibility Needed to Improve Management
RCED-93-100: Published: Jun 30, 1993. Publicly Released: Jul 13, 1993.
Pursuant to a congressional request, GAO provided information on the Government National Mortgage Association's (GNMA) activities, focusing on: (1) its mission objectives; and (2) recent management and issuer oversight problems and solutions.GAO found that: (1) although the GNMA mission of financing low- and moderate-income housing has essentially remained the same, GNMA activities have significan...
Rural Housing: FmHA's Home Loan Program Not Meeting the Needs of All Rural Residents
RCED-93-57: Published: Jun 14, 1993. Publicly Released: Jun 14, 1993.
Pursuant to a congressional request, GAO reviewed the Farmers Home Administration's (FmHA) rural single-family housing program, focusing on whether program funds are disproportionately concentrated in or around metropolitan statistical areas (MSA).GAO found that: (1) FmHA rural single-family home program funds were disproportionately concentrated in and around MSA and higher than needed or warrant...
Mortgage Credit Enhancements: Options for FHA in Meeting the Need for Affordable Multifamily Housing
T-RCED-92-52: Published: Apr 3, 1992. Publicly Released: Apr 3, 1992.
GAO discussed legislative or administrative actions that could improve the availability of mortgage financing for affordable multifamily housing through credit enhancements. GAO noted that: (1) the Federal Housing Administration (FHA) has historically been the federal government's principal provider of credit enhancements, but its insuring of mortgages has declined sharply in recent years from a h...
Financial Management: Analysis of Selected VA and FHA Housing Program Accounting Methods
AFMD-92-8: Published: Nov 25, 1991. Publicly Released: Nov 25, 1991.
Pursuant to a congressional request, GAO compared certain accounting methods used by the Department of Veterans Affairs' (VA) housing credit assistance program with those the Federal Housing Administration uses for its Mutual Mortgage Insurance (MMI) Fund, focusing on how each agency handles: (1) losses from guaranteed or insured loans; (2) revenue from loan guarantee fees and insurance premiums;...
Financial Audit: VA Housing Credit Assistance Program Financial Statements for Fiscal Years 1989 and 1988
AFMD-92-2: Published: Oct 24, 1991. Publicly Released: Oct 24, 1991.
Pursuant to a congressional request, GAO reviewed the Department of Veterans Affairs' (VA) housing assistance program financial statements for the fiscal years ended September 30, 1989 and 1988.GAO found that: (1) the VA housing assistance program financial statements presented fairly the financial position of the program as of September 30, 1989 and 1988, and the results of its operations for the...
Federal Agricultural Mortgage Corporation: Potential Role in the Delivery of Credit for Rural Housing
RCED-91-180: Published: Aug 7, 1991. Publicly Released: Aug 7, 1991.
Pursuant to a congressional request, GAO provided information on the: (1) Federal Agricultural Mortgage Corporation's (Farmer Mac) actions to establish a secondary market for rural housing loans, including the development of standards to govern the quality of those loans; (2) Farmer Mac's potential role in facilitating the delivery of credit for rural housing; and (3) barriers Farmer Mac may face...
Farmers Home Administration: Appeals of Farm and Housing Loan Decisions
T-RCED-91-59: Published: May 21, 1991. Publicly Released: May 21, 1991.
GAO discussed the appeals process for individuals dissatisfied with Farmers Home Administration's (FmHA) farm, emergency, and rural housing loan decisions. GAO noted that: (1) 64 percent of 918 farmer loan program appeals had been heard by hearing officers, 21 percent were concluded or withdrawn without a hearing, and 15 percent had hearings pending; (2) 58 percent of 451 rural housing loan progra...