Tag Archives: FHFA Office of the Inspector General

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.

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.