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Home » Store » Taxable » New OFHEO Funds May Do Little to Resolve Problems

New OFHEO Funds May Do Little to Resolve Problems

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The Office of Federal Housing Enterprise Oversight was the beneficiary of a potential $15 million windfall this month, but it is far from certain whether this extra money will be able to really improve the agency’s oversight of Fannie Mae and Freddie Mac. “It’s a good thing that [administration officials] have gone from zeroing OFHEO out to giving them a $15 million increase,” said one veteran GSE observer. “But the issue is not about
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