Department of Housing and Urban Development's Requirement That the Department of Defense Pay Mortgage Insurance Premiums on Wherry and Capehart Family Housing Properties

The Department of Housing and Urban Development (HUD) requires the Department of Defense (DOD) to pay mortgage insurance premiums on Wherry and Capehart family housing properties owned by DOD and insured by HUD. A review of this practice indicated that it is no longer necessary for HUD to require DOD to insure HUD against DOD's default, especially since DOD has guaranteed the payment of these mortgages and the Congress has provided annual appropriations to repay the mortgages.