Multifamily Housing: Status of HUD's Multifamily Loan Portfolios
RCED-94-173FS
Published: Apr 12, 1994. Publicly Released: Apr 12, 1994.
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Highlights
Pursuant to a congressional request, GAO reviewed the financial status of the Department of Housing and Urban Development's (HUD) multifamily insured and assigned loan portfolios, focusing on the: (1) number of current and delinquent loans; (2) ratio of loan delinquencies to the unpaid principal balances; and (3) actions that HUD has taken to resolve the delinquencies.
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Topics
Delinquent loansFinancial managementGovernment guaranteed loansHomeowners loansInsurance lossesLending institutionsLoan accounting systemsLoan defaultsLoan repaymentsMortgage loans