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    Date Issued
    HUD May Be Able To Improve Its Cash Flow Model To Estimate and Reestimate the Credit Subsidy for Cohorts of Mortgages Within the Section 232 Program
    We audited the risk to the U.S. Department of Housing and Urban Development’s (HUD) General Insurance-Special Risk Insurance (GI-SRI) Fund based on our ongoing effort regarding HUD-insured Section 232 mortgages.  Our objective was to determine whether HUD used financial and credit history variables for its cash flow model used to estimate and reestimate the credit subsidy for the cohorts of mortgages within the Section 232 program.HUD did…
    March 20, 2020
    Report
    #2020-CH-0002
    Reducing Waste, Fraud and Abuse in Housing Programs: Inspector General Perspectives
    Testimony before the U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations “Reducing Waste, Fraud and Abuse in Housing Programs: Inspector General Perspectives”  
    Hearing
    September 10, 2013