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 <subject>Mortgage programs</subject>
 <subject>Mortgage protection insurance</subject>
 <subject>Nursing homes</subject>
 <subject>Program management</subject>
 <subject>Risk management</subject>
 <subject>Subsidies</subject>
 <subject>Financial analysis</subject>
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<titleInfo>
 <title>Residential Care Facilities Mortgage Insurance Program: Opportunities to Improve Program and Risk Management</title>
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<abstract>Through its Section 232 program, the Department of Housing and
Urban Development&apos;s (HUD) Federal Housing Administration (FHA)	 
insures approximately $12.5 billion in mortgages for residential 
care facilities. In response to a requirement in the 2005	 
Consolidated Appropriations Conference Report and a congressional
request, GAO examined (1) HUD&apos;s management of the program,	 
including loan underwriting and monitoring; (2) the extent to	 
which HUD&apos;s oversight of insured facilities is coordinated with  
the states&apos; oversight of quality of care; (3) the financial risks
the program poses to HUD&apos;s General Insurance/Special Risk	 
Insurance (GI/SRI) Fund; and (4) how HUD estimates the annual	 
credit subsidy cost for the program.</abstract>
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 <searchTitle>GAO-06-515; Residential Care Facilities Mortgage Insurance Program: Opportunities to Improve Program and Risk Management;
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 <topic>Mortgage programs</topic>
 <topic>Mortgage protection insurance</topic>
 <topic>Nursing homes</topic>
 <topic>Program management</topic>
 <topic>Risk management</topic>
 <topic>Subsidies</topic>
 <topic>Financial analysis</topic>
 <topic>Cost estimates</topic>
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