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Home » Store » News » OFHEO Fires Warning Shot on GSE Accounting, But Guidance May Not Lead to Big Writedowns

OFHEO Fires Warning Shot on GSE Accounting, But Guidance May Not Lead to Big Writedowns

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The chief regulator for Fannie Mae and Freddie Mac this week issued new guidance outlining standards for its examiners to apply when evaluating the use of “fair value” accounting by the two government-sponsored enterprises. “It is important that Fannie...
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