Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 20
Book Description
How to Avoid Problems with Your HUD-held Home Mortgage!
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 20
Book Description
How to Avoid Problems with Your HUD-held Home Mortgage!
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 20
Book Description
How to Avoid Problems with Your HUD-held Home Mortgage!
Author: Homeownership
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 60
Book Description
Homeownership
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Loan sales
Languages : en
Pages : 24
Book Description
Weaknesses in Servicing and Accounting for Home Mortgages Held by HUD
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Mortgage loans
Languages : en
Pages : 36
Book Description
Management of HUD-held Multifamily Mortgages
Author: United States. Congress. House. Committee on Government Operations. Legal and Monetary Affairs SubcommitteePublisher:
ISBN:
Category : Mortgages
Languages : en
Pages : 120
Book Description
Homeownership
Author: U S Government Accountability Office (GPublisher: BiblioGov
ISBN: 9781289086534
Category :
Languages : en
Pages : 56
Book Description
Pursuant to a congressional request, GAO reviewed whether the Housing and Urban Development's (HUD) mortgage assignment program: (1) helps borrowers avoid foreclosure; (2) reduces the Federal Housing Administration's (FHA) foreclosure losses; and (3) can be improved to reduce such losses. GAO found that: (1) HUD mortgage assignment program helps borrowers avoid immediate foreclosure, but is not successful in helping borrowers avoid foreclosure or retain their homes on a long-term basis; (2) about 52 percent of the 68,700 borrowers in the mortgage program will lose their homes through foreclosure, and the remaining borrowers will pay off their loans after the sale or refinancing of their homes; (3) the mortgage assignment program has not reduced FHA foreclosure losses, since FHA incurs additional costs under the program which more than offset the costs from saving some loans from foreclosure; (4) FHA will incur losses of more than $1.5 billion for those borrowers accepted into the mortgage program since fiscal year 1989; (5) although FHA borrowers' premiums pay for these additional losses, it is more difficult for the single-family insurance program to remain self-sufficient; (6) options that would reduce additional program losses include reducing the 3-year relief period provided to borrowers, setting a time limit on eliminating delinquencies, and accepting borrowers that can pay half or more of their mortgage payment; and (7) FHA would have to require borrowers to begin full mortgage payments within a few months after entering the program to eliminate additional program losses.
Management of HUD-held Multifamily Mortgages
Author: United States. Congress. House. Government Operations CommitteePublisher:
ISBN:
Category :
Languages : en
Pages : 122
Book Description
HUD's Government-insured Mortgages
Author: United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on InvestigationsPublisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 332
Book Description