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Homeownership: Information on Single-Family Loans Sold by HUD

RCED-99-145 Published: Jun 15, 1999. Publicly Released: Jun 15, 1999.
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Highlights

Pursuant to a congressional request, GAO provided information on the single family loans sold by the Department of Housing and Urban Development (HUD), focusing on the: (1) status of single-family loans sold; (2) ways in which HUD has ensured that the purchasers of these loans abide by the forbearance requirements contained in the loan sales agreements; and (3) changes HUD has made in the staffing resources used to service the loans it holds.

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Staff utilizationLoan defaultsLoan repaymentsMortgage loansReductions in forceSales contractsMortgage programsSingle-family loansMortgage paymentsHuman resources management