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Home » Store » Federal Home Loan Banks » OIG Report: FHFA Needs More, Better Allocated Resources; ‘Mission Tension’ Inhibits GSE Oversight

OIG Report: FHFA Needs More, Better Allocated Resources; ‘Mission Tension’ Inhibits GSE Oversight

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Federal Home Loan Banks

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The Federal Housing Finance Agency needs to be more hands-on and engaged with additional resources to best oversee Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks, according to the agency’s inspector general. In its semi-annual report to Congress, the FHFA IG noted “recurring oversight issues that policymakers may want to consider as part of reforming the secondary mortgage market.” “The recent housing crisis has shown...
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