The Inspector General Act of 1978, as amended, sets forth the functions and authorities of the FHFA OIG.
The FHFA OIG is established by law to provide independent and objective reporting to the FHFA Director, Congress, and the American people through its audit and investigative activities.
FHFA OIG’s mission is to promote the economy, efficiency, and effectiveness of FHFA’s programs; to prevent and detect fraud, waste, and abuse in FHFA’s programs; and to seek sanctions and prosecutions against those who are responsible for such fraud, waste, and abuse.
Current Activities
- FHFA-OIG's Current Assessment of FHFA's Conservatorships of Fannie Mae and Freddie Mac (WPR-2012-001, March 28, 2012)
- FHFA’s Oversight of Fannie Mae’s Single-Family Underwriting Standards (AUD-2012-003, March 22, 2012)
- FHFA’s Oversight of the Enterprises’ Charitable Activities (ESR-2012-003, March 22, 2012)
- Fannie Mae’s and Freddie Mac’s Participation in the 2011 Mortgage Bankers Association Convention and Exposition (ESR-2012-004, March 22, 2012)
- FHFA’s Supervision of Freddie Mac’s Controls over Mortgage Servicing Contractors (AUD-2012-001, March 7, 2012)







