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Home » Store » News » GAO Gives FHFA Passing Grade, With an Asterisk

GAO Gives FHFA Passing Grade, With an Asterisk

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The Federal Housing Finance Agency presented its fiscal year 2009 financial statements fairly in accordance with generally accepted accounting principles, maintained effective internal controls, and had “no reportable noncompliance” with applicable laws and regulations, the Government Accountability Office said in a report this week. However, it wasn’t a perfect bill of health. “We identified...
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