Credit Management: Widespread Loan Origination Problems Reported

Pursuant to a congressional request, GAO reviewed loan origination procedures and practices in the Departments of Agriculture (USDA), Education, Health and Human Services (HHS), Housing and Urban Development (HUD), and Veterans Affairs (VA) and the Small Business Administration (SBA), focusing on: (1) the adequacy of the government's loan origination practices; and (2) loan origination problems prevalent in the government's credit programs.