United States Government Publishing Office
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United States
Government Accountability Office
Resources, Community, and Economic Development Division
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Government Organization
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government publication
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GAOREPORTS
Legislative Agency Publications
gao
legislative
2010-08-12
U.S. Government Printing Office
1994-04-12
monographic
deposited
born digital
GA 1.13:RCED-94-173FS
https://www.govinfo.gov/app/details/GAOREPORTS-RCED-94-173FS
P0b002ee18037fd2c
f:rc94173f
DGPO
2010-08-12
2011-03-23
GAOREPORTS-RCED-94-173FS
machine generated
eng
fdlp
REPORT
GAOREPORTS-RCED-94-173FS
RCED-94-173FS
Loan accounting systems
Loan defaults
Loan repayments
Mortgage loans
Homeowners loans
Lending institutions
Financial management
Insurance losses
Delinquent loans
Government guaranteed loans
Other Written Product
RCED
Multifamily Housing: Status of HUD's Multifamily Loan Portfolios
The Department of Housing and Urban Development (HUD), through the
Federal Housing Administration (FHA), insures mortgages on multifamily
properties. In cases of default, a lender may turn over the mortgage to
HUD and be paid for an insurance claim--HUD, in effect, becomes the new
lender for the mortgage. The number of insured multifamily loans that
have defaulted and been assigned to HUD has grown significantly, and the
agency believes that even greater numbers of multifamily loans could
default in the future, producing additional losses. This fact sheet
provides information on the financial state of HUD's multifamily insured
and assigned loan portfolio. For the insurance-in-force portfolio, GAO
discusses the number of current and delinquent loans. For the HUD-held
portfolio, GAO discusses the number of current and delinquent loans, the
ratio of loan delinquencies to the unpaid principal balances, and steps
that HUD has taken to resolve the delinquencies.
https://www.govinfo.gov/content/pkg/GAOREPORTS-RCED-94-173FS/html/GAOREPORTS-RCED-94-173FS.htm
GAO/RCED-94-173FS
https://www.govinfo.gov/app/details/GAOREPORTS-RCED-94-173FS
Other Written Product
GAO/RCED-94-173FS; Multifamily Housing: Status of HUD's Multifamily Loan Portfolios;
Loan accounting systems
Loan defaults
Loan repayments
Mortgage loans
Homeowners loans
Lending institutions
Financial management
Insurance losses
Delinquent loans
Government guaranteed loans