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Source Id
680

Evaluation of COVID-19 Economic Injury Disaster Loan Applicants on the U.S. Department of the Treasury’s Do Not Pay List

2024
24-18
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The OIG is issuing this evaluation to assess whether the U.S. Small Business Administration (SBA) effectively implemented internal controls when using the U.S. Department of the Treasury’s Do Not Pay (DNP) databases to detect and prevent payments of Coronavirus Disease 2019 (COVID-19) Economic...

Servicers Followed the COVID-19 Foreclosure Moratorium Requirements but Could Have Better Communicated the Requirements to Borrowers

2024
2024-KC-0002
Audit
Department of Housing and Urban Development OIG
Department of Housing and Urban Development
Pandemic

Servicers followed the COVID-19 pandemic foreclosure moratorium requirements. However, they could have better communicated the moratorium requirements to delinquent borrowers who were subject to foreclosure proceedings. This situation occurred because HUD did not require servicers to notify...

7(a) Loan Approval for Borrowers with Unresolved COVID-19 Pandemic Loan Compliance Issues

2024
24-17
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General (OIG) is issuing this Inspection Report to assess the Small Business Administration’s (SBA) process for approving 7(a) loans for borrowers with unresolved pandemic loan compliance issues.From October 1, 2019 through May 8, 2023, SBA approved and disbursed 172,598 7(a)...

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