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Loan Asset Sales: An Evaluation of FmHA's 1987 Sales

AFMD-90-42 Published: Apr 06, 1990. Publicly Released: May 11, 1990.
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Highlights

GAO reviewed whether the Farmers Home Administration (FmHA): (1) conducted loan asset sales in a professional manner; (2) received the maximum net proceeds practicable for the loan assets sold; and (3) protected borrower's rights in selling loan assets.

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Auditing and Financial Management
Consumer protectionDeficit reductionDirect loansFunds managementGovernment guaranteed loansLoan accounting systemsLoan repaymentsRural economic developmentSalesMortgage loans