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Report Fraud, Waste and Abuse
  • Recommendation Number: 2025-KC-0001-001-A
  • Status: Open
  • Date Issued: December 02, 2024

Update the Conveyance, Assignment, and Assumption Agreement to require purchasers to property outcomes and identifying information including those of third-party purchasers when applicable report final.

Publication Report

2025-KC-0001 | December 02, 2024

FHA’s Office Of Asset Sales Did Not Have Adequate Information To Measure Its Loan Sales’ Program Success

We audited the Federal Housing Administration (FHA), Office of Asset Sales’ U.S. Department of Housing and Urban Development (HUD)‐Held Vacant Loan Sales (HVLS) program. The audit objective was to assess the extent to which HUD tracks and measures its… more

Related Recommendations

Housing

  •  
    Status
      Open
      Closed
    2025-KC-0001-001-B

    Enhance data collection and processing controls to ensure consistency in reporting data.

  •  
    Status
      Open
      Closed
    2025-KC-0001-001-C
    Closed on December 02, 2024

    Enhance existing demonstration guidance within the Conveyance, Assignment, and Assumption Agreement to provide further detail regarding documentation retention requirements.