Develop a method for using the Do Not Pay portal during the underwriting process to identify delinquent child support and delinquent Federal debt to prevent future FHA loans to ineligible borrowers to put $1.9 billion to better use.
Publication Report
2018-KC-0001 | March 25, 2018
FHA Insured $1.9 Billion in Loans to Borrowers Barred by Federal Requirements
The U.S. Department of Housing and Urban Development (HUD), Office of Inspector General audited Federal Housing Administration (FHA)-insured loans from calendar year 2016. Our audit objective was to determine whether FHA insured loans to borrowers… moreRelated Recommendations
Housing
- Status2018-KC-0001-001-BOpenClosed
Revise the single-family handbook to comply with regulations that prevent loans to borrowers with delinquent child support subject to Federal offset.
Schedule the timely renewal of data-sharing agreements to prevent data loss in CAIVRS or discontinue use of the system if implementation of 1A makes CAIVRS unnecessary.