Although Fannie Mae and Freddie Mac share the same types of risks, the lack of reliable data provided in risk assessments makes it impossible to compare and monitor risk exposures between the two, according to the Federal Housing Finance Agency’s Office of the Inspector General. The OIG said that the GSEs’ regulator, the FHFA, has come up short in measuring the risks associated with Fannie Mae and Freddie Mac. The FHFA typically uses a risk-based framework to determine whether or not the GSEs are meeting their goals. In the semi-annual OIG report issued earlier this month, it said that the FHFA’s...