The Office of the Inspector General of the Federal Housing Finance Agency has published a 10-page memo, as required by law, identifying seven major challenges the Agency will address next year, alongside its subsidiaries such as Fannie Mae, Freddie Mac, and the FHL Banks.
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IG Condemns FHFA’s Review of GSE Budgets
According to a recent report from the FHFA Office of the Inspector General, however, the Agency's budget review and approval process has fallen short of achieving that stated purpose due to a number of factors that include late timing, cursory-level analysis, and inadequate resources.
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