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Recommendation Details
Text of Recommendation
Request and analyze data from lenders for the 3,024 loans at risk of noncompliance to identify loans that should have been subject to the temporary endorsement policy or were otherwise ineligible for insurance. The data requested should include but not be limited to the dates when the borrower requested forbearance, the loan became subject to forbearance, and the loan was submitted for endorsement.
Recommendation Number
2023-NY-0002-001-C
Recommendation Status
Open
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0
Associated Report Details
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