GAO Report Says HUD Oversight of Housing Counselors Lax

"A new report from Government Accountability Office (GAO) found that the Department of Housing and Urban Development’s internal controls do not provide reasonable assurance that counseling providers are complying with HECM counseling requirements.

As part of the GAO’s examination, they participated in 15 HECM counseling sessions and found that while the counselors generally conveyed accurate and useful information, none of the counselors covered all of the topics required by HUD, and some overstated the length of the sessions in HUD records."