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Book Synopsis Management of HUD-held Multifamily Mortgages by : United States. Congress. House. Committee on Government Operations. Legal and Monetary Affairs Subcommittee
Download or read book Management of HUD-held Multifamily Mortgages written by United States. Congress. House. Committee on Government Operations. Legal and Monetary Affairs Subcommittee and published by . This book was released on 1969 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management of HUD-held Multifamily Mortgages by : United States. Congress. House. Government Operations Committee
Download or read book Management of HUD-held Multifamily Mortgages written by United States. Congress. House. Government Operations Committee and published by . This book was released on 1974 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Improvements Needed in the Overall Management of HUD-held Multifamily Mortgages, Department of Housing and Urban Development by : United States. General Accounting Office
Download or read book Improvements Needed in the Overall Management of HUD-held Multifamily Mortgages, Department of Housing and Urban Development written by United States. General Accounting Office and published by . This book was released on 1974 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Improvements Needed in the Overall Management of HUD-Held Multifamily Mortgages
Book Synopsis Improvements Needed in the Overall Management of Hud-Held Multifamily Mortgages by : United States Accounting Office (GAO)
Download or read book Improvements Needed in the Overall Management of Hud-Held Multifamily Mortgages written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-21 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improvements Needed in the Overall Management of HUD-Held Multifamily Mortgages
Book Synopsis Deficiencies in Overall Management of HUD-held Multifamily Mortgages by : United States. Congress. House. Committee on Government Operations
Download or read book Deficiencies in Overall Management of HUD-held Multifamily Mortgages written by United States. Congress. House. Committee on Government Operations and published by . This book was released on 1974 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Deficiencies in Overall Management of HUD-held Multifamily Mortgages by : United States. Congress. Senate. Committee on Government Operations
Download or read book Deficiencies in Overall Management of HUD-held Multifamily Mortgages written by United States. Congress. Senate. Committee on Government Operations and published by . This book was released on 1974 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis HUD Should Make Immediate Changes in Accounting for Secretary-held Multifamily Mortgages by : United States. General Accounting Office
Download or read book HUD Should Make Immediate Changes in Accounting for Secretary-held Multifamily Mortgages written by United States. General Accounting Office and published by . This book was released on 1980 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Improvements Needed in the Overall Management of HUD-held Multifamily Mortgages by : United States. General Accounting Office
Download or read book Improvements Needed in the Overall Management of HUD-held Multifamily Mortgages written by United States. General Accounting Office and published by . This book was released on 1974 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
GAO was asked to perform a followup review to a prior report on loan servicing and accounting problems in the Department of Housing and Urban Development (HUD) multifamily mortgage programs. The earlier report concluded that the failure of HUD to produce adequate delinquency data and aggressively collect amounts owed on defaulted multifamily mortgages contributed significantly to the over $500 million owed HUD in delinquent loan payments. In that report, HUD agreed with the GAO recommendations and promised to improve its accounting system and to better manage its debt collection efforts. GAO found that most corrective actions promised by HUD had not been completed. HUD reported that its nationwide inventory of multifamily mortgages consisted of 2,026 mortgages with an unpaid principal balance of approximately $4 billion. Over 55 percent of those mortgages were delinquent. The management of this inventory is a difficult task, since the projects securing the mortgages have a history of financial and/or management problems. HUD has taken some corrective actions, such as increasing financial training. The agency also recently made debt collection a top priority. However, GAO determined that in a 21-month period total delinquencies increased from $500 million to about $589 million.
Book Synopsis Housing by : U S Government Accountability Office (G
Download or read book Housing written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO was asked to perform a followup review to a prior report on loan servicing and accounting problems in the Department of Housing and Urban Development (HUD) multifamily mortgage programs. The earlier report concluded that the failure of HUD to produce adequate delinquency data and aggressively collect amounts owed on defaulted multifamily mortgages contributed significantly to the over $500 million owed HUD in delinquent loan payments. In that report, HUD agreed with the GAO recommendations and promised to improve its accounting system and to better manage its debt collection efforts. GAO found that most corrective actions promised by HUD had not been completed. HUD reported that its nationwide inventory of multifamily mortgages consisted of 2,026 mortgages with an unpaid principal balance of approximately $4 billion. Over 55 percent of those mortgages were delinquent. The management of this inventory is a difficult task, since the projects securing the mortgages have a history of financial and/or management problems. HUD has taken some corrective actions, such as increasing financial training. The agency also recently made debt collection a top priority. However, GAO determined that in a 21-month period total delinquencies increased from $500 million to about $589 million.
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Book Synopsis Housing by : U S Government Accountability Office (G
Download or read book Housing written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.