Recommendations Database

GAO’s recommendations database contains report recommendations that still need to be addressed. GAO’s priority recommendations are those that we believe warrant priority attention. We sent letters to the heads of key departments and agencies, urging them to continue focusing on these issues. Below you can search only priority recommendations, or search all recommendations.

Our recommendations help congressional and agency leaders prepare for appropriations and oversight activities, as well as help improve government operations. Moreover, when implemented, some of our priority recommendations can save large amounts of money, help Congress make decisions on major issues, and substantially improve or transform major government programs or agencies, among other benefits.

As of November 30, 2021, there are 4659 open recommendations, of which 482 are priority recommendations. Recommendations remain open until they are designated as Closed-implemented or Closed-not implemented.

Search Open Recommendations

1 - 4 of 4 Recommendations
Download CSV Download XLS

Ginnie Mae: Risk Management and Staffing-Related Challenges Need to Be Addressed

Show
4 Open Recommendations
4 Priority
Agency Recommendation Status
Government National Mortgage Association (Ginnie Mae)
Priority Rec.
This is a priority recommendation.
The Chief Risk Officer of Ginnie Mae should periodically conduct an actuarial or similar analysis that includes a stress test to evaluate the extent to which the current level of the guaranty fee for single-family MBS provides Ginnie Mae with sufficient reserves to cover potential losses under different economic scenarios. (Recommendation 1)
Open

Ginnie Mae (HUD) agreed with this recommendation. As of April 2021, Ginnie Mae took steps to address this recommendation. First, according to its 2021 budget justification, Ginnie Mae continues to believe it would be advantageous to have the authority to administratively adjust its guarantee fee and requested that the permissible guarantee fee be established within a range. Upon receipt of this authority, Ginnie Mae would then establish an administrative process through which an adjustment could be made. Second, Ginnie Mae has developed a stress test framework and solicited public comment

Government National Mortgage Association (Ginnie Mae)
Priority Rec.
This is a priority recommendation.
The Senior Vice President of Ginnie Mae's Office of Management Operations should analyze the costs of using contractors for its operations and develop a plan to determine the optimal mix of contractor or in-house staff for operations. (Recommendation 2)
Open

Ginnie Mae (HUD) agreed with this recommendation. As of January 2021, Ginnie Mae said it procured a contractor to do this analysis on their behalf at the end of fiscal year 2020. Officials expected the cost analysis to commence in early 2021. To fully implement this recommendation, Ginnie Mae should ensure the analysis and plan are completed. We will continue to monitor Ginnie Mae's progress in implementing our recommendation.

Government National Mortgage Association (Ginnie Mae)
Priority Rec.
This is a priority recommendation.
The Senior Vice President of Ginnie Mae's Office of Management Operations should assess its contract administration options to determine the most efficient and effective use of funds. (Recommendation 3)
Open

Ginnie Mae (HUD) agreed with this recommendation. As of January 2021, Ginnie Mae stated it assesses procurement approaches on a per contract basis on whether to administer a contract within HUD or outsource the contract administration. However, GAO recommends Ginnie Mae comprehensively evaluate whether the outsourcing of its contract administration has met its intended purposes and is the most efficient and effective use of funds. In order to implement this recommendation, Ginnie Mae should reevaluate its decision to use an external provider. According to Ginnie Mae, in FY 2021, it plans to

Government National Mortgage Association (Ginnie Mae)
Priority Rec.
This is a priority recommendation.
The Chief Financial Officer of Ginnie Mae and Senior Vice President of Ginnie Mae's Office of Management Operations should finalize efforts to assess the costs and benefits of options to revise its compensation structure within current authority and submit proposals, if warranted, to HUD for review and consideration. (Recommendation 4)
Open

Ginnie Mae (HUD) agreed with this recommendation. As of January 2021, Ginnie Mae has taken steps to assess options to revise its compensation structure. More specifically, according to Ginnie Mae, in the development of its fiscal year 2020 budget request, Ginnie requested authority to develop alternative pay options, such as premium pay, pay bands and critical pay. In August 2020, Ginnie Mae was given authority to proceed with implementing critical pay by the Office of Personnel Management. Critical Pay authority permits an agency to set a higher rate of basic pay than would otherwise be

Have a Question about a Recommendation?

For questions about a specific recommendation, contact the person or office listed with the recommendation. For general information about recommendations, contact GAO's Audit Policy and Quality Assurance office at (202) 512-6100 or apqa@gao.gov.