PEER Report #274

LIMITED FOLLOW-UP REVIEW OF THE VETERANS’ HOME PURCHASE BOARD’S LOAN PROCESSING, LOAN SERVICING, AND MANAGEMENT, December 17, 1991, 16 pages

The Veterans’ Home Purchase Board (VHPB) has taken positive steps to address loan processing, loan servicing, and management weaknesses identified in PEER’s 1988 review.

The board computerized its mortgage processing system, improved the timeliness of loan processing, and increased publicity of its loan program-all badly needed improvements correcting long-standing weaknesses identified by PEER in 1974, 1980, and 1988.

For a paper copy of this report, contact PEER by telephone at 601-359-1226 or by e-mail at reports@peer.ms.gov.