The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in fiscal year 2025 while also highlighting elements of progress made since the release of a prior report.

The new report echoes some of the concerns presented by the OIG in a similar report released nearly a year ago. These include the characterization of the Home Equity Conversion Mortgage (HECM) program’s and the HECM-backed Securities (details ⇒

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