Audit Report 13-18: The SBA Did Not Effectively Manage Defaulted Disaster Loans to Maximize Recovery from 2006 to 2011
… the Small Business Administration National Disaster Loan Resolution Center: (1) effectively managed delinquent … complied with applicable laws and regulations, and (3) had a mission aligned with Federal debt collection objectives. … defaulted disaster loans. The OIG estimates that at least 7,198 of these loans, totaling $752.6 million, were charged …