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9000.87 HUD Compliance Audit Program – Federal Financial and Activity Reports (Title is to follow (HUD Handbook 4330.1, chapter 7 and 4155.1, chapter 3; 7-1 Program Objective. HUD insures mortgages made by private lending institutions to finance the purchase of single family and multifamily homes. Guidance and practice aids are provided for audits of for-profit project owners in accordance with the HUD Consolidated Audit Guide for Audits of HUD Programs CHAPTER 6: GINNIE MAE ISSUERS OF MORTGAGE-BACKED SECURITIES AUDIT GUIDANCE. PDF ; Chapter 6 Transmittal Letter. PDF ; CHAPTER 7: FHA-APPROVED LENDERS AUDIT 7-1. 11/2020. CHAPTER 7. FHA-APPROVED LENDERS AUDIT GUIDANCE. 7-1. Program Objective. The U.S. Department of Housing and Urban Development (HUD). HUD Audit Guide Chapter 7 Updated. HUD OIG has released the Consolidated Audit Guide revised Chapter 7 – 'FHA-Approved Lenders Audit Guidance'. The purpose of this Guide is to assist independent auditors in performing program-specific audits of participants in selected HUD Housing and Ginnie MaeConsolidated Audit Guide for Audits of HUD Programs: Chapter 7 – FHA-Approved Lenders Audit Guidance (2000.04 Rev-2 Change 21).