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Report Fraud, Waste and Abuse

The Offices of Audit and Evaluation supervise and conduct independent and objective audits, evaluations, and other reviews of U.S. Department of Housing and Urban Development (HUD) programs and activities to ensure they operate economically, efficiently, and effectively. This page contains links to our audit and evaluation reports and memoranda.

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    HUD May Be Able To Improve Its Cash Flow Model To Estimate and Reestimate the Credit Subsidy for Cohorts of Mortgages Within the Section 232 Program
    We audited the risk to the U.S. Department of Housing and Urban Development’s (HUD) General Insurance-Special Risk Insurance (GI-SRI) Fund based on our ongoing effort regarding HUD-insured Section 232 mortgages.  Our objective was to determine whether HUD used financial and credit history variables for its cash flow model used to estimate and reestimate the credit subsidy for the cohorts of mortgages within the Section 232…
    March 20, 2020
    Report
    #2020-CH-0002