Share
Housing: Va and HUD Can Improve Service and Reduce Processing Costs in Insuring Home Mortgage Loans: Afmd-82-15 (in English)
U. S. Government Accountability Office ( ; U. S. Government Accountability Office ( (Author)
·
Bibliogov
· Paperback
Housing: Va and HUD Can Improve Service and Reduce Processing Costs in Insuring Home Mortgage Loans: Afmd-82-15 (in English) - U. S. Government Accountability Office ( ; U. S. Government Accountability Office (
$ 13.26
$ 15.75
You save: $ 2.49
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Thursday, August 01 and
Friday, August 02.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "Housing: Va and HUD Can Improve Service and Reduce Processing Costs in Insuring Home Mortgage Loans: Afmd-82-15 (in English)"
GAO reviewed the underwriting activities used by the Veterans Administration (VA) and the Department of Housing and Urban Development (HUD) to grant and insure mortgage loans. A large portion of the processing costs incurred by VA and HUD in insuring loans involves underwriting. VA and HUD rely mostly on their own staffs for underwriting rather than on lenders. By relying more on approved lenders, when practical, to perform the required underwriting activities, VA and HUD could save several million dollars annually and improve service to their borrowers without increasing their insurance risk. Approximately 40 percent of insured loans could be processed under delegated authority procedures. GAO believes that the agencies' control systems over lender underwriting activities, if properly adhered to, are adequate to minimize the risk of relying on approved lenders to perform the entire underwriting function. By having the agencies select the appraisers and make a field review of a sample of appraisals, protection would be provided against overvaluation of property.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
