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Report Fraud, Waste and Abuse
  • Recommendation Number: 2020-AT-0801-001-A
  • Status: Open
  • Date Issued: February 04, 2020

Update HUD’s loss mitigation policies, to include deadlines for the servicers to file the FHA-HAMP nonincentivized partial claims, and consider imposing sanctions for noncompliance with these deadline requirements.

Publication Report

2020-AT-0801 | February 04, 2020

HUD Had Not Established Deadlines for Reporting FHA-HAMP Nonincentivized Loan Modifications and Filing Nonincentivized Partial Claims

We audited the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration, Home Affordable Modification Program’s (FHA-HAMP) policies for reporting nonincentivized loan modifications and filing partial claims.  The… more

Related Recommendations

Housing

  •  
    Status
      Open
      Closed
    2020-AT-0801-001-B
    Closed on July 21, 2021

    Update HUD’s loss mitigation policies, to include deadlines for the servicers to report the new terms of the FHA-HAMP nonincentivized loan modifications, and consider imposing sanctions for noncompliance with these deadline requirements.