Title | Announced | Priority Area | Program Area | State |
---|---|---|---|---|
Audit of NSC Partial Claims Tracking and Collection | 04/2025 | Protecting the Mortgage Insurance Funds | Housing | All |
Summary
HUD OIG is auditing the National Servicing Center's partial claims tracking and collection. The FHA partial claim is a loss mitigation tool that helps borrowers keep their homes by advancing funds on behalf of the borrowers to reinstate delinquent FHA-insured mortgages. The objective of our audit is to determine whether the NSC serviced all due and payable partial claims in accordance with HUD rules and regulations.