Housing Programs:

Agency Actions To Discourage Single Family Mortgage Insurance Fraud

RCED-86-172BR: Published: Jun 3, 1986. Publicly Released: Jul 3, 1986.

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In response to a congressional request, GAO examined the Department of Housing and Urban Development's (HUD) actions to determine if they addressed previously examined internal control issues and recommendations concerning allegations of abuse of HUD-insured mortgage loans.

GAO found that HUD: (1) took significant steps, consistent with earlier GAO recommendations, to discourage fraud and abuse in its single-family mortgage insurance program; (2) should identify fraudulent and abusive practices more frequently and quickly; (3) improved its targeting of reviews of mortgagee origination practices; (4) took action to verify appraisals of investor-owned properties that it had previously owned and should also verify appraisals on properties that it had not previously owned; (5) no longer requires that Veterans' Administration property appraisal data be included in the file documentation for insurance commitments; and (6) failed to issue instructions requiring independent verification of credit reports showing no previous credit history.

Sep 13, 2017

Aug 1, 2017

Mar 1, 2017

  • housing icon, source: Comstock

    Low-Income Housing Tax Credit:

    The Role of Syndicators
    GAO-17-285R: Published: Feb 16, 2017. Publicly Released: Mar 1, 2017.

Jan 9, 2017

Nov 17, 2016

Oct 31, 2016

Oct 3, 2016

Jul 13, 2016

Jun 8, 2016

May 31, 2016

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