The watchdog for the U.S. Department of Housing and Urban Development (HUD) says an audit discovered that the temporary policy for endorsement of loans with COVID-19 forbearance activity had multiple compliance issues.The Office of Inspector General for HUD said the department should improve two major areas ensuring lenders follow the outlined policy, and improving its records regarding indemnification agreements, according to a report released on Monday.
#opportunities #announcement #recommendations #improvement #requirements #consideration #permanently #greater-risk #inspector-general #eviction-moratorium
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