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Housing Programs: HUD Policies To Minimize Costs in Acquiring Foreclosed Properties

RCED-88-141BR Published: Apr 18, 1988. Publicly Released: Apr 18, 1988.
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Highlights

Pursuant to a congressional request, GAO provided information regarding the Department of Housing and Urban Development's (HUD) policies and procedures for acquiring foreclosed properties.

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Full Report (24 pages)

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Topics

Housing
Cost controlDelinquent loansForeclosuresHousing programsLending institutionsLoan defaultsMortgage programsProperty disposalReal property acquisitionConservation