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U.S. Department of Agriculture: Centralized Servicing for FmHA Single-Family Housing Loans

RCED-93-231BR Published: Sep 23, 1993. Publicly Released: Sep 23, 1993.
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Highlights

Pursuant to a congressional request, GAO provided information on the Farmers Home Administration's (FmHA) single-family housing loan servicing operations, focusing on: (1) the status of the FmHA single-family home loan portfolio; (2) FmHA efforts to centralize servicing operations for direct housing loans; (3) the benefits and disadvantages of centralized servicing; and (4) options for implementing centralized servicing operations.

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Topics

Agriculture and Food
CentralizationCompetitionFederal agency reorganizationHomeowners loansHousing programsInformation systemsLoan accounting systemsLoan repaymentsManagement information systemsPublic administration