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Home » Store » News » Analysts Debate Impact of Fannie’s Hedge Accounting As Market Assesses Fallout from OFHEO Report

Analysts Debate Impact of Fannie’s Hedge Accounting As Market Assesses Fallout from OFHEO Report

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The complexity of the accounting rules that Fannie Mae is accused of transgressing has made it hard to tell just how much trouble the government-sponsored enterprise is in. But economists with the Federal Reserve Bank of Atlanta believe the firm definitely has a lot of explaining to do. In its recent controversial report, the Office of Federal Housing Enterprise Oversight accused Fannie of intentionally ignoring accounting standards. GSE officials agreed to review the firm’s policies…
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