Continuing the more aggressive regulatory tone evident since the appointment of its new director, the Office of Federal Housing Enterprise Oversight has issued a new draft strategic plan that emphasizes tougher examinations and better coordination with other federal agencies, as well as new authority to set tougher capital standards and portfolio limits. “OFHEO and the housing finance market, including the entities we regulate, Fannie Mae and Freddie Mac, are at a critical juncture,” OFHEO Director James Lockhart said...