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Title Announced Priority Area Program Area State
Flood Insurance During Servicing
Published Report(s)
05/2021 Protecting the Mortgage Insurance Funds Housing and FHA All

Summary

HUD OIG is auditing the risk to the FHA fund from uninsured flood damage. The objective of this audit is to determine whether borrowers of FHA-insured loans maintained proper flood insurance coverage. This audit will cover FHA-insured forward and reverse mortgages active throughout calendar year 2020.