Recurring Findings

Veterans Affairs: Recurring Less severe Noncompliance

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