Recurring Findings

Veterans Affairs: Recurring Significant Internal Control Deficiencies
Federal Program Issue First Year Reported
Department's Assertion Page Number
Veterans Housing - Guaranteed and Insured Loans During state fiscal year 2006-07, Veterans Affairs held 54 department-guaranteed loans for which the homeowner became 60 days delinquent in payment, but it only notified the U.S. Department of Veterans Affairs of eight of these delinquencies. Veterans Affairs had a similar finding for fiscal year 2007-08. 2006-07
Veterans Affairs completed its 2007-002 corrective action, and has a corrective action in place for the 2008-002 finding. 197