| Text of Recommendation | The OIG recommended the under secretary for benefits develop and update policies and procedures to ensure invoices or bills are obtained for all third-party charges and lenders report itemized closing costs at the lowest level of detail. |
|---|---|
| Recommendation Number | 03 |
| Recommendation Status | Open |
| Significant Recommendation | No |
| Recommendation Questioned Costs | $0 |
| Recommendation Funds for Better Use | $0 |
| Submitting OIG | |
|---|---|
| Report Title | Additional Measures Would Better Protect Borrowers from Risks Associated with Interest Rate Reduction Refinance Loans |
| Report Submitting OIG-Specific Report Number | 21-01295-149 |
| Report Date Issued | Wednesday, August 23, 2023 |
| Report Agency Reviewed / Investigated | |
| Report Questioned Costs | $0 |
| Report Funds for Better Use | $0 |