Lending institutions (61 - 70 of 73 items)
Homeownership: Potential Effects of Reducing FHA's Insurance Coverage for Home Mortgages
RCED-97-93: Published: May 1, 1997. Publicly Released: Jun 2, 1997.
Pursuant to a congressional request, GAO provided information on the impact of a reduction in the Federal Housing Administration's (FHA) mortgage insurance coverage on: (1) home mortgage lenders, the home mortgage market, and the types of borrowers served by FHA; (2) the financial condition of FHA's insurance fund; and (3) the Department of Housing and Urban Development's (HUD) Government National...
Housing Finance: Implications of Alternative Methods of Adjusting the Conforming Loan Limit
RCED-95-6: Published: Oct 5, 1994. Publicly Released: Oct 5, 1994.
Pursuant to a legislative requirement, GAO reviewed the methodology that the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) uses to adjust the conforming loan limit, focusing on: (1) the effect of using alternative adjustment methods on the loan limit; (2) the implications of Fannie Mae's and Freddie Mac's decision to maintain the 1993 l...
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...
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...
Property Disposition: Information on Federal Single-Family Properties
RCED-91-69: Published: Mar 29, 1991. Publicly Released: Apr 9, 1991.
Pursuant to a congressional request, GAO reviewed single-family property disposition activities of the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Farmers Home Administration (FmHA), and the Resolution Trust Corporation (RTC), focusing on: (1) the number of single-family properties acquired and sold, the losses associated with those sales, and current invento...
Secondary Mortgage Market: Home Loans in the Atlanta Area
T-RCED-91-13: Published: Feb 28, 1991. Publicly Released: Feb 28, 1991.
GAO discussed the secondary home loan mortgage market in Atlanta, Georgia, focusing on racial discrimination in home mortgage lending. GAO noted that: (1) the combined secondary mortgage market purchases made or insured in Atlanta by the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Department of Housing and Urban Development (HUD) ge...
Federal Housing Administration: Monitoring of Single Family Mortgages Needs Improvement
RCED-91-11: Published: Feb 7, 1991. Publicly Released: Feb 7, 1991.
GAO reviewed the Federal Housing Administration's (FHA) Section 203(b) mortgage insurance program for single family homes, focusing on how FHA field offices monitored the processing and approval of program participant applications.GAO found that: (1) because FHA lacked a comprehensive description of monitoring program activities, GAO identified and reviewed 25 monitoring activities which FHA used...
Secondary Mortgage Market: Information on Underwriting and Home Loans in the Atlanta Area
RCED-91-2: Published: Nov 28, 1990. Publicly Released: Jan 2, 1991.
Pursuant to a congressional request, GAO examined home secondary mortgage lending, focusing on whether: (1) underwriting criteria of secondary market institutions and private mortgage insurers contributed to racial discrimination; and (2) statistical evidence of discrimination existed in the Atlanta, Georgia, area by home mortgage lenders that were not depository institutions.GAO found that: (1) u...
Home Ownership: Mortgage Servicing Transfers Are Increasing and Causing Borrower Concern
RCED-90-62: Published: Nov 1, 1989. Publicly Released: Nov 22, 1989.
Pursuant to a congressional request, GAO reviewed home mortgage servicing transfer practices.GAO found that 1985 mortgage servicing transfer estimates of $80 to $90 billion increased to $150 billion in 1988, because economies of scale, accounting and tax advantages, and income generation needs made servicing buying and selling profitable. GAO also found that borrowers were adversely affected by th...
Thrift Industry: Net Worth and Income Capital Certificates
GGD-86-100FS: Published: Jun 23, 1986. Publicly Released: Jun 23, 1986.
In response to a congressional request, GAO provided information on the Net Worth Certificate Program, specifically: (1) its participants; and (2) the Federal Savings and Loan Insurance Corporation's use of income capital certificates to support the net-worth levels of thrift institutions.GAO found that: (1) Congress is currently considering reauthorizing the program; and (2) two institutions shou...