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Housing Finance: Budget Savings From the Sale of HUD Loans

RCED-99-203 Published: Jul 19, 1999. Publicly Released: Aug 04, 1999.
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Highlights

Pursuant to a congressional request, GAO the reviewed the reasonableness of the: (1) Department of Housing and Urban Development's (HUD) estimates of budgetary savings from the sale of its single-family loans; and (2) model HUD used to estimate savings from the sale of multifamily loans.

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Topics

Housing
Cost controlForeclosuresLoan defaultsMortgage loansSales contractsSingle-family loansMortgagesHousingHistorical dataGovernment subsidies