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Federal Housing Finance Agency 2012 Performance And Accountability Report
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Author :U. s. Government Accountability Office Publisher :Createspace Independent Pub ISBN 13 :9781481073677 Total Pages :128 pages Book Rating :4.0/5 (736 download)
Book Synopsis Federal Housing Finance Agency 2012 Performance and Accountability Report by : U. s. Government Accountability Office
Download or read book Federal Housing Finance Agency 2012 Performance and Accountability Report written by U. s. Government Accountability Office and published by Createspace Independent Pub. This book was released on 2012-11-22 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GAO found: (1) the financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles; (2) FHFA maintained, in all material respects, effective internal control over financial reporting as of September 30, 2012; and (3) no reportable noncompliance in fiscal year 2012 with provisions of laws and regulations we tested. The Housing and Economic Recovery Act of 2008 established FHFA as an independent agency empowered with supervisory and regulatory oversight of the housing-related government-sponsored enterprises: Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks, and the Office of Finance. The Act requires FHFA to annually prepare financial statements and requires GAO to audit the agency's financial statements. This report responds to these requirements.
Book Synopsis Financial Audit by : Steven J. Sebastian
Download or read book Financial Audit written by Steven J. Sebastian and published by DIANE Publishing. This book was released on 2010-03 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Housing and Economic Recovery Act of 2008 created the Fed. Housing Finance Agency (FHFA) and gave it responsibility for, among other things, the supervision and oversight of Fannie Mae, Freddie Mac, and the 12 federal home loan banks. Specifically, FHFA was assigned responsibility for ensuring that each of the regulated entities operates in a fiscally safe and sound manner, including maintenance of adequate capital and internal controls, and carries out its housing and community development finance mission. This audit of FHFA¿s FY 2009 financial statements determines whether: (1) the financial statements were fairly stated; and (2) FHFA management maintained effective internal control over financial reporting. Illus.
Book Synopsis Federal Housing Finance Agency Office of Inspector General by :
Download or read book Federal Housing Finance Agency Office of Inspector General written by and published by Government Printing Office. This book was released on with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management Report: Federal Housing Finance Agency Should Improve Controls Over Personnel and Payroll Information by : United States. Government Accountability Office
Download or read book Management Report: Federal Housing Finance Agency Should Improve Controls Over Personnel and Payroll Information written by United States. Government Accountability Office and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Audit by : United States. Government Accountability Office
Download or read book Financial Audit written by United States. Government Accountability Office and published by . This book was released on 2011 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781977540157 Total Pages :40 pages Book Rating :4.5/5 (41 download)
Book Synopsis Federal Housing Finance Agency by : United States Government Accountability Office
Download or read book Federal Housing Finance Agency written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-22 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, FHFA used its authority under the Housing and Economic Recovery Act to place Fannie Mae and Freddie Mac into conservatorships out of concern that their deteriorating financial condition threatened the stability of the financial market. Eight years later, the enterprises remain in conservatorships. However, FHFA says the conservatorships were not intended to be permanent. FHFA has issued two strategic plans for its conservatorship of the enterprises, one in 2012 and another in 2014. GAO was asked to examine FHFA's actions as conservator. This report addresses (1) the extent to which FHFA's goals for the conservatorships have changed and (2) the implications of FHFA's actions for the future of the enterprises and the broader secondary mortgage market. GAO analyzed and reviewed FHFA's actions as conservator and supporting documents; legislative proposals for housing finance reform; the enterprises' senior preferred stock agreements with Treasury; and GAO, Congressional Budget Office, and FHFA inspector general reports. GAO also interviewed FHFA and Treasury officials and industry stakeholders.
Book Synopsis The Federal Home Loan Bank System by : Deborah Cohen
Download or read book The Federal Home Loan Bank System written by Deborah Cohen and published by . This book was released on 1980 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Accountability Report by : United States. Department of Housing and Urban Development
Download or read book Accountability Report written by United States. Department of Housing and Urban Development and published by . This book was released on with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781719085953 Total Pages :34 pages Book Rating :4.0/5 (859 download)
Book Synopsis Management Report by : United States Government Accountability Office
Download or read book Management Report written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-14 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management Report: Opportunities for Improvement in the Federal Housing Finance Agency's Internal Controls
Book Synopsis Evaluation of Federal Housing Finance Agency’s Oversight of Fannie Mae’s and Freddie Mac’s Executive Compensation Programs by :
Download or read book Evaluation of Federal Housing Finance Agency’s Oversight of Fannie Mae’s and Freddie Mac’s Executive Compensation Programs written by and published by DIANE Publishing. This book was released on with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781719044417 Total Pages :30 pages Book Rating :4.0/5 (444 download)
Book Synopsis Management Report by : United States Government Accountability Office
Download or read book Management Report written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-19 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management Report: Opportunities for Improvement in the Federal Housing Finance Agency's Internal Controls and Accounting Procedures
Book Synopsis Federal Housing Finance Agency by : United States. Government Accountability Office
Download or read book Federal Housing Finance Agency written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management report by : Steven J. Sebastian
Download or read book Management report written by Steven J. Sebastian and published by . This book was released on 2012 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Audit by : United States. Government Accountability Office
Download or read book Financial Audit written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Housing Finance Agency: 2022-2024 Single-family and 2022 Multifamily Enterprise Housing Goals by : United States. Government Accountability Office
Download or read book Federal Housing Finance Agency: 2022-2024 Single-family and 2022 Multifamily Enterprise Housing Goals written by United States. Government Accountability Office and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of the Senate of the United States of America by : United States. Congress. Senate
Download or read book Journal of the Senate of the United States of America written by United States. Congress. Senate and published by . This book was released on 1789 with total page 1266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fannie Mae and Freddie Mac by : United States. Government Accountability Office
Download or read book Fannie Mae and Freddie Mac written by United States. Government Accountability Office and published by . This book was released on 2009 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress established Fannie Mae and Freddie Mac (the enterprises) with two key housing missions: (1) provide stability in the secondary market for residential mortgages (also in periods of economic stress) 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, purchased mortgages from lenders with the proceeds, and retained them in portfolio or pooled them into mortgage-backed securities (MBS) sold to investors. On September 6, 2008, the Federal Housing Finance Agency (FHFA) placed the enterprises into conservatorship out of concern that their deteriorating financial condition ($5.4 trillion in outstanding obligations) would destabilize the financial system. With estimates that the conservatorship will cost taxpayers nearly $400 billion, GAO initiated this report under the Comptroller General's authority to help inform the forthcoming congressional debate on the enterprises' future structures. It discusses the enterprises' performance in meeting mission requirements, identifies and analyzes options to revise their structures, and discusses key transition issues. GAO reviewed studies and data, and interviewed housing finance experts and officials from the enterprises, FHFA, Departments of the Treasury (Treasury) and Housing and Urban Development (HUD), the Federal Reserve, lenders, and community groups.
