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Appraisals for FHA Single-Family Loans: Information on Selected Properties in New Jersey and Ohio

RCED-98-145R Published: May 06, 1998. Publicly Released: May 21, 1998.
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Highlights

Pursuant to a congressional request, GAO provided information on the quality of appraisals for the Federal Housing Administration's (FHA) single-family loans, focusing on nine properties--six in New Jersey and three in Ohio--that GAO visited in November 1997 and January 1998, respectively.

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AppraisalsFair market valueFederal property managementGovernment guaranteed loansHousing repairsMortgage loansMortgage programsProperty damagesHousingProperty appraisals