Skip to main content

VA Housing Loan Program

RCED-93-129R Published: Mar 29, 1993. Publicly Released: Apr 09, 1993.
Jump To:
Skip to Highlights

Highlights

Pursuant to a congressional request, GAO reviewed an independent report on the Department of Veterans Affairs' (VA) Home Loan Guaranty Program, focusing on whether the: (1) report's recommendations were supported by sufficient evidence; and (2) report contained factual errors or analytical weaknesses. GAO found that: (1) the report did not adequately support 6 of the 7 recommendations with sufficient evidence; (2) the report failed to sufficiently identify a supportable problem with the home loan program, explain the proposed problem's impact on the program, and show how the recommendation would redress the proposed problem; (3) without further explanation and supporting evidence, VA could not consider corrective action; (4) the report could be misleading due to inaccuracies and a questionable analytical methodology; and (5) VA fully implemented one of the report's recommendations and partially implemented two others.

Full Report

Office of Public Affairs

Topics

Evaluation methodsGovernment guaranteed loansHousing programsIndependent research and developmentMortgage programsProgram evaluationResearch reportsStatistical methodsVeterans benefitsHousing