United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Accounting and Information Management Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1996-10-17 monographic deposited born digital 27 p. GA 1.13:AIMD-97-4 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-97-4 P0b002ee18039bcad f:ai97004 DGPO 2010-08-12 2011-03-28 GAOREPORTS-AIMD-97-4 machine generated eng fdlp REPORT GAOREPORTS-AIMD-97-4 AIMD-97-4 Mortgage programs Federal downsizing Federal agency reorganization Strategic information systems planning Housing programs Reductions in force Information resources management Loan accounting systems Management information systems HUD Single Family Mortgage Assignment Program HUD Reinvention Blueprint Letter Report AIMD Pursuant to a congressional request, GAO reviewed the Federal Housing Administration's (FHA) streamlining plans, focusing on: (1) FHA plans to use information technology to support the streamlining of single family housing operations and reduce staff; (2) similarities between FHA initiatives and those undertaken by leading mortgage organizations to increase productivity; and (3) FHA efforts to ensure that technology initiatives will maintain or improve management controls over single family housing operations.<p/>GAO found that: (1) FHA needs to streamline operations and acquire state-of-the-art technology and information systems to transform itself into a results-oriented, financially accountable operation; (2) to consolidate, phase out, or replace loan processing, loss mitigation and loan servicing, and property disposition and maintenance functions, FHA will use its existing information technology capabilities or develop new information technology applications; (3) FHA information technology initiatives are similar to, but not as intensive as, those undertaken by other mortgage industry organizations to increase productivity; (4) FHA may be able to achieve additional efficiency and effectiveness improvements if it uses other information system capabilities such as electronic analysis of loan data and the use of computer models to automatically focus quality assurance, default prevention, and loss minimization activities on the most vulnerable areas; (5) FHA has taken corrective action to address management control and information system weaknesses in its loan origination, delinquency resolution, and property disposition activities; and (6) FHA also plans to incorporate recently legislated requirements regarding information technology investments into its strategic investment process. https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-97-4/html/GAOREPORTS-AIMD-97-4.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-AIMD-97-4/pdf/GAOREPORTS-AIMD-97-4.pdf GAO/AIMD-97-4 https://www.govinfo.gov/app/details/GAOREPORTS-AIMD-97-4 Letter Report GAO/AIMD-97-4; Information Technology: Streamlining FHA's Single Family Housing Operations; Mortgage programs Federal downsizing Federal agency reorganization Strategic information systems planning Housing programs Reductions in force Information resources management Loan accounting systems Management information systems HUD Single Family Mortgage Assignment Program HUD Reinvention Blueprint