VA Housing Loan Program

RCED-93-129R: Published: Mar 29, 1993. Publicly Released: Apr 9, 1993.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

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.

Aug 13, 2020

Jul 29, 2020

Jul 27, 2020

Jun 26, 2020

Apr 30, 2020

Mar 17, 2020

Mar 3, 2020

Nov 20, 2019

Sep 25, 2019

Looking for more? Browse all our products here