Today's GAO Reports - June 29, 2009

The Government Accountability Office (GAO) today released the following reports and testimony:

Reports

1. Reverse Mortgages: Product Complexity and Consumer Protection Issues Underscore Need for Improved Controls over Counseling for Borrowers. GAO-09-606, June 29.  Highlights

2. Insurance Sales to Military Personnel: Additional Actions Needed to Prevent Improper Life Insurance Sales and Pay Allotment Transactions. GAO-09-452, May 29.  Highlights

3. Federal Contracting: Guidance on Award Fees Has Led to Better Practices but Is Not Consistently Applied. GAO-09-630, May 29.  Highlights

4. Clean Water Infrastructure: A Variety of Issues Need to Be Considered When Designing a Clean Water Trust Fund. GAO-09-657, May 29.  Highlights

Testimony

1. Reverse Mortgages: Product Complexity and Consumer Protection Issues Underscore Need for Improved Controls over Counseling for Borrowers, by Mathew J. Scire, director, financial markets and community investment, before the Senate Special Committee on Aging, in University City, Missouri. GAO-09-812T, June 29.  Highlights

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