Federal Housing Enterprises

Federal Housing Enterprises PDF

Author: William B. Shear

Publisher: DIANE Publishing

Published: 1999-02

Total Pages: 90

ISBN-13: 9780788176937

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Assesses the operations of the Office of Federal Housing Enterprise Oversight (OFHEO) contained in the Dept. of Veterans Affairs/HUD Appropriations Act of 1997. Provides information on OFHEO's development of risk-based capital standards, implementation of an examination program, establishment of mission support functions, & participation in a U.S. initiative to assist Mexico in developing a secondary mortgage loan market. Makes recommendations to the director of OFHEO on strengthening reporting to Congress on the development of the risk-based capital standards & ensuring adequate resources for the examinations program. Tables.

Fannie Mae and Freddie Mac

Fannie Mae and Freddie Mac PDF

Author: Gene L. Dodaro

Publisher: DIANE Publishing

Published: 2010-10

Total Pages: 73

ISBN-13: 1437922120

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Congress estab. Fannie Mae and Freddie Mac (the enterprises) with 2 key housing missions: (1) provide stability in the secondary market for residential mortgages; and (2) serve the mortgage credit needs of targeted groups such as low-income borrowers. To accomplish these goals, the enterprises issued debt and stock, and purchased mortgages from lenders with the proceeds. On Sept. 6, 2008, the Fed. Housing Finance Agency placed the enterprises into conservatorship out of concern that their deteriorating financial condition would destabilize the financial system. This report discusses the enterprises' performance in meeting mission requirements, identifies and analyzes options to revise their structures, and discusses key transition issues. Illus.

Federal Housing Enterprises

Federal Housing Enterprises PDF

Author: United States Accounting Office (GAO)

Publisher: Createspace Independent Publishing Platform

Published: 2018-06-12

Total Pages: 28

ISBN-13: 9781721053506

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Federal Housing Enterprises: HUD's Implementation of Its Mission Oversight Needs to Be Strengthened