U.S. flag

An official website of the United States government Here’s how you know

The .gov means it’s official.

Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

The site is secure.

The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Línea Directa

REPORTAR FRAUDE, DESPERDICIO O ABUSO
  • Recommendation Number: 2017-KC-0008-001-C
  • Status: Closed
  • Date Issued: Septiembre 21, 2017
Closed Date:
Junio 11, 2019

Develop and implement controls to continually assess skills required to meet organizational goals to include a plan to prioritize resources to accommodate changing organizational needs.

Publication Report

2017-KC-0008 | Septiembre 21, 2017

Ginnie Mae Did Not Adequately Respond to Changes in Its Issuer Base

The U.S. Department of Housing and Urban Development, Office of Inspector General audited Ginnie Mae’s oversight of nonbanks due to the growth of nonbank issuers in the mortgage servicing industry.  Our objective was to determine whether Ginnie Mae... más

Related Recommendations

Government National Mortgage Association

  •  
    Status
      Open
      Closed
    2017-KC-0008-001-A
    Closed on Junio 11, 2019
    Summary

    Develop and implement controls to ensure that policies and procedures for account executives are continually reviewed and updated to reflect changes in Ginnie Mae’s operations.

  •  
    Status
      Open
      Closed
    2017-KC-0008-001-B
    Closed on Julio 02, 2019
    Summary

    Develop and implement controls to review issuers to determine the total impact of a large or multiple-issuer default, the maximize-size default Ginnie Mae can adequately execute, and an issuer’s ability to adapt to changing market conditions.

  •  
    Status
      Open
      Closed
    2017-KC-0008-001-D
    Closed on Junio 11, 2019
    Summary

    Develop and implement training programs to ensure that employee skill levels are developed to meet changing organizational needs to include secondary market training.