For the fourth consecutive year, the Federal Housing Finance Agency received a clean audit from the Government Accountability Office on the FHFA’s annual financial statements, according to a recent GAO report. As required by the Housing and Economic Recovery Act of 2008, the GAO audited FHFA’s fiscal year 2012 to determine whether the financial statements were fairly presented and whether the FHFA’s management maintained effective internal control over financial reporting. The GAO said it also tested the Finance Agency’s compliance with selected laws and regulations.