Single-Family Housing:
Stronger Oversight of FHA Lenders Could Reduce HUD's Insurance Risk
T-RCED-00-213: Published: Jun 29, 2000. Publicly Released: Jun 29, 2000.
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Pursuant to a congressional request, GAO discussed the Department of Housing and Urban Development's (HUD) oversight of Federal Housing Administration (FHA) lenders.
GAO noted that: (1) GAO's work revealed a number of weaknesses in the lender approval, monitoring, and enforcement efforts performed by HUD's headquarters and its four homeownership centers; (2) HUD's process for granting FHA-approved lenders direct endorsement authority--that is, the ability to underwrite loans and determine their eligibility for FHA mortgage insurance without HUD's prior review--provides only limited assurance that lenders receiving this authority are qualified; (3) in addition, while HUD's homeownership centers have monitored lenders' compliance with FHA's lending requirements, these monitoring efforts have not adequately focused on the lenders and loans that pose the greatest insurance risks to the Department; and (4) although HUD has taken enforcement actions against lenders with excessively high default rates, it needs to take further steps to hold lenders accountable for poor performance and program violations.
Feb 16, 2021
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Military Housing:
DOD Has Taken Key Steps to Strengthen Oversight, but More Action Is Needed in Some AreasGAO-21-389T: Published: Feb 16, 2021. Publicly Released: Feb 16, 2021.
Jan 25, 2021
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Military Housing:
Actions Needed to Improve the Process for Setting Allowances for Servicemembers and Calculating Payments for Privatized Housing ProjectsGAO-21-137: Published: Jan 25, 2021. Publicly Released: Jan 25, 2021.
Dec 16, 2020
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Lead Paint in Housing:
HUD Has Not Identified High-Risk Project-Based Rental Assistance PropertiesGAO-21-55: Published: Dec 16, 2020. Publicly Released: Dec 16, 2020.
Dec 15, 2020
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Disaster Housing:
Improved Cost Data and Guidance Would Aid FEMA Activation DecisionsGAO-21-116: Published: Dec 15, 2020. Publicly Released: Dec 15, 2020.
Dec 8, 2020
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Troubled Asset Relief Program:
Treasury Continues Winding Down Housing ProgramsGAO-21-39: Published: Dec 8, 2020. Publicly Released: Dec 8, 2020.
Aug 13, 2020
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Homelessness:
Better HUD Oversight of Data Collection Could Improve Estimates of Homeless PopulationGAO-20-433: Published: Jul 14, 2020. Publicly Released: Aug 13, 2020.
Jul 29, 2020
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Crumbling Foundations:
Extent of Homes with Defective Concrete Is Not Fully Known and Federal Options to Aid Homeowners Are LimitedGAO-20-649: Published: Jul 29, 2020. Publicly Released: Jul 29, 2020.
Jul 27, 2020
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Housing:
Preliminary Analysis of Homeownership Trends for Nine CitiesGAO-20-544R: Published: Jun 25, 2020. Publicly Released: Jul 27, 2020.
Jun 26, 2020
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Rental Housing:
As More Households Rent, the Poorest Face Affordability and Housing Quality ChallengesGAO-20-427: Published: May 27, 2020. Publicly Released: Jun 26, 2020.
Apr 30, 2020
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Priority Open Recommendations:
Department of Housing and Urban DevelopmentGAO-20-500PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.
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