Federal Program Issue

Department's Assertion
First Year Reported

Page Number
Veterans Housing - Guaranteed and Insured Loans Issue: 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.

Department's Assertion: Veterans Affairs completed its 2007-002 corrective action, and has a corrective action in place for the 2008-002 finding.
2006-07

197

California State Auditor Seal
California State Auditor, Bureau of State Audits
555 Capitol Mall, Suite 300, Sacramento, CA 95814
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