| Text of Recommendation | Obtain guidance from the Office of General Counsel regarding the implications of allowing lenders to retroactively apply forbearance in cases in which the borrower requests forbearance after the lender submits the loan for endorsement to ensure that it consistently handles such cases. |
|---|---|
| Recommendation Number | 2023-NY-0002-001-B |
| Recommendation Status | Open |
| Recommendation Questioned Costs | $0 |
| Recommendation Funds for Better Use | $0 |
| Submitting OIG | |
|---|---|
| Report Title | HUD Can Improve Oversight of Its Temporary Endorsement Policy for Loans in COVID-19 Forbearance |
| Report Submitting OIG-Specific Report Number | 2023-NY-0002 |
| Report Date Issued | Monday, May 15, 2023 |
| Report Questioned Costs | $0 |
| Report Funds for Better Use | $0 |