Develop and execute a detailed plan and timeline for both testing and reporting estimates of improper payments in the PIH-TBRA and PBRA programs in compliance with Federal law and OMB guidance.
2024-IG-0001 | January 23, 2024
Management Alert: Action Is Needed From HUD Leadership To Resolve Systemic Challenges With Improper Payments
Deputy Secretary
- Status2024-IG-0001-001-AOpenClosedPriorityPriority
We believe these open recommendations, if implemented, will have the greatest impact on helping HUD achieve its mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
2023-KC-0003 | March 28, 2023
Opportunities Exist for Ginnie Mae To Improve Its Guidance and Process for Troubled Issuers
Government National Mortgage Association
- Status2023-KC-0003-001-AOpenClosedPriorityPriority
We believe these open recommendations, if implemented, will have the greatest impact on helping HUD achieve its mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
Closed on February 01, 2024Update its policy and procedures to define its authority for marketing troubled issuer portfolios and the conditions that must exist to extinguish issuers using rapid relocation.
- Status2023-KC-0003-001-BOpenClosedPriorityPriority
We believe these open recommendations, if implemented, will have the greatest impact on helping HUD achieve its mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
Closed on May 29, 2024Update its policy and procedures to define what type of information Ginnie Mae may disclose and how it will handle protected information before extinguishment.
- Status2023-KC-0003-001-COpenClosedPriorityPriority
We believe these open recommendations, if implemented, will have the greatest impact on helping HUD achieve its mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
Closed on May 29, 2024Update its Policies and procedures to define how Ginnie Mae will determine the portfolio value and price before Sale.
- Status2023-KC-0003-001-DOpenClosedPriorityPriority
We believe these open recommendations, if implemented, will have the greatest impact on helping HUD achieve its mission to create strong, sustainable, inclusive communities and quality affordable homes for all.
Closed on May 29, 2024Update its policies and procedures to define how Ginnie Mae intends to identify and evaluate prospective buyers to ensure its ability to absorb the extinguished portfolio before executing the purchase and sale agreement.