| FHFA Requires the Enterprises’ Internal Audit Functions to Validate Remediation of Serious Deficiencies but Provides No Guidance and Imposes No Preconditions on Examiners’ Use of that Validation Work |
EVL-2018-002 |
2018-03-28 |
| FHFA’s Adoption of Clear Guidance on the Review of the Enterprises’ Internal Audit Work When Assessing the Sufficiency of Remediation of Serious Deficiencies Would Assist FHFA Examiners |
EVL-2018-003 |
2018-03-28 |
| FHFA Should Re-evaluate and Revise Fraud Reporting by the Enterprises to Enhance its Utility |
EVL-2018-004 |
2018-09-24 |
| FHFA’s Approval of Senior Executive Succession Planning at Fannie Mae Acted to Circumvent the Congressionally Mandated Cap on CEO Compensation |
EVL-2019-001 |
2019-03-26 |
| FHFA’s Approval of Senior Executive Succession Planning at Freddie Mac Acted to Circumvent the Congressionally Mandated Cap on CEO Compensation |
EVL-2019-002 |
2019-03-26 |
| Five Years After Issuance, Many Examination Modules Remain in Field Test; FHFA Should Establish Timelines and Processes to Ensure Timely Revision of Examiner Guidance |
EVL-2019-003 |
2019-09-10 |
| FHFA Should Enhance Supervision of its Regulated Entities’ Cybersecurity Risk Management by Obtaining Consistent Cybersecurity Incident Data |
EVL-2019-004 |
2019-09-23 |
| Despite FHFA’s Recognition of Significant Risks Associated with Fannie Mae’s and Freddie Mac’s High-Risk Models, its Examination of Those Models Over a Six Year Period Has Been Neither Rigorous nor Timely |
EVL-2020-001 |
2020-03-25 |
| FHFA Examiners’ Lack of Assessment and Escalation of Shortcomings Identified by an Enterprise in its Servicer Fraud Risk Management Framework Limited the Agency’s Supervisory Oversight |
EVL-2020-002 |
2020-08-27 |
| More than Eight Years After Issuing its Advisory Bulletin, FHFA Has Not Held the Enterprises to its Expectations on Charging off Delinquent Loans or Communicated New Expectations |
EVL-2020-003 |
2020-09-10 |
| Corporate Governance: Fannie Mae Senior Executive Officers and Ethics Officials Again Failed to Follow Requirements for Disclosure and Resolution of Conflicts of Interest, Prompting the Need for FHFA Direction |
EVL-2021-001 |
2021-03-15 |
| For Nine Years, FHFA Has Failed to Take Timely and Decisive Supervisory Action to Bring Fannie Mae into Compliance with its Prudential Standard to Ensure Business Resiliency |
EVL-2021-002 |
2021-03-22 |
| FHFA’s Failure to Define and Clearly Communicate “Supervisory Concerns” Hinders the Enterprise Boards’ Ability to Execute Their Oversight Obligations Under FHFA’s Corporate Governance Regulation and Renders the Regulation Ineffective as a Supervisory Tool |
EVL-2021-003 |
2021-03-30 |
| FHFA’s Division of Enterprise Regulation Has Made Progress in Its Quality Control Program but Needs to Ensure Adequate Reporting and Feedback Is Provided to Management |
EVL-2022-001 |
2022-03-07 |
| FHFA’s Public Reporting of the Enterprises’ Progress Toward the Objectives FHFA Set in the 2020 Conservatorship Scorecard Lacked the Detail and Transparency of Past Reporting |
EVL-2022-002 |
2022-03-17 |
| FHFA Could Enhance the Efficiency of the Agency’s Oversight of Enterprise Executive Compensation by Ensuring Sufficient Human Capital Resources and Updating Procedures |
EVL-2022-003 |
2022-09-27 |
| FHFA Could Further Combat Appraisal Bias by Ensuring That Complaints Are Filed with State Authorities and Ensuring the Enterprises Use Appraisals That Comply with Federal Law |
EVL-2023-001 |
2022-12-20 |
| FHFA Examinations of CSS Include Review of the Board of Managers but Supervision Has a Key Person Dependency and Outdated Guidance |
EVL-2023-002 |
2023-03-20 |
| FHFA Completed Examination Work Sufficient to Determine Whether the Enterprises’ Credit Default Models Met Supervisory Expectations |
EVL-2023-003 |
2023-04-19 |
| DBR Adapted the Scope of Its Federal Home Loan Bank Supervisory Activities in 2023 in Response to Market Disruptions |
EVL-2023-004 |
2023-09-21 |
| FHFA Took Actions to Ensure That Fannie Mae Adequately Addressed Deficiencies in Its Business Resiliency Program |
EVL-2024-001 |
2024-03-25 |
| FHFA’s Analysis of Credit Score Models Was Consistent with Applicable Requirements but the Agency Could Improve Its Process and Enhance the Level of Detail in Its Decision Record |
EVL-2024-002 |
2024-03-28 |
| FHFA’s Oversight of the Federal Home Loan Banks’ Affordable Housing Programs |
EVL–2013–04 |
2013-04-30 |
| Report of Administrative Inquiry into a Whistleblower Complaint Concerning an Enterprise Executive Compensation Matter |
OI/OIG-2022-001 |
2022-01-28 |
| Administrative Investigation of an Anonymous Hotline Complaint Alleging Use of FHFA Vehicles and FHFA Employees in a Manner Inconsistent with Law and Regulation |
OIG-2017-001 |
2016-12-06 |
