The Federal Housing Finance Agency recently issued guidance on data management and usage and said it expects Fannie Mae and Freddie Mac to have the appropriate policies, procedures and standards in place.The advisory bulletin noted that the architecture of the data should provide easy access and effective utilization across the GSE as appropriate. Each GSE should also establish data quality requirements so that data used for decision-making are relevant, accurate, complete, timely and consistent. Five different areas concerning data were highlighted in the bulletin. Under data governance, the FHFA said that the GSEs should each establish a data...