Federal Housing Administration: improvements needed in risk assessment and human capital management: report to the Committee on Banking, Housing, and
No Customer Reviews
The Department of Housing and Urban Developments (HUD) Federal Housing Administration (FHA) has helped millions purchase homes by insuring private lenders against losses from defaults on FHA-insured single-family mortgages. In recent years, FHA has experienced a dramatic increase in its market role due, in part, to the contraction of other mortgage market segments. The increased reliance on FHA mortgage insurance highlights the need for FHA to ensure that it has the proper controls in place to minimize financial risks while meeting the housing needs of borrowers. In addition to providing data on FHAs single-family workload, GAO was asked to evaluate (1) FHAs risk assessment strategy, including the extent to which it is consistent with HUD and GAO internal control standards, and (2) steps FHA has taken to manage the risks in its single-family programs. To address these objectives, GAO analyzed data from fiscal years 20062010 on single-family business volume and workload, reviewed FHA documents on risk assessment and changes made to manage risks (such as those to human capital), and interviewed FHA officials.
Format:Paperback
Language:English
ISBN:1974437329
ISBN13:9781974437320
Release Date:August 2017
Publisher:Createspace Independent Publishing Platform
Length:62 Pages
Weight:0.37 lbs.
Dimensions:0.1" x 8.5" x 11.0"
Related Subjects
ReferenceCustomer Reviews
0 rating
Copyright © 2025 Thriftbooks.com
Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
