Multifamily Housing: Status of HUD's Multifamily Loan Portfolios

RCED-94-173FS Published: Apr 12, 1994. Publicly Released: Apr 12, 1994.

Highlights

Pursuant to a congressional request, GAO reviewed the financial status of the Department of Housing and Urban Development's (HUD) multifamily insured and assigned loan portfolios, focusing on the: (1) number of current and delinquent loans; (2) ratio of loan delinquencies to the unpaid principal balances; and (3) actions that HUD has taken to resolve the delinquencies.

Full Report

Full Report (24 pages)

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Chuck Young

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Topics

Housing

Delinquent loansFinancial managementGovernment guaranteed loansHomeowners loansInsurance lossesLending institutionsLoan accounting systemsLoan defaultsLoan repaymentsMortgage loans