Download or read book The Housing Mission of the Office of Federal Enterprise Oversight and the Financial Safety and Soundness of Fannie Mae and Freddie Mac written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation and published by . This book was released on 2002 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Housing Mission of the Office of Federal Enterprise Oversight and the Financial Safety and Soundness of Fannie Mae and Freddie Mac written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-02-12 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The housing mission of the Office of Federal Enterprise Oversight and the financial safety and soundness of Fannie Mae and Freddie Mac : hearing before the Subcommittee on Housing and Transportation of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Seventh Congress, first session on the resources and effectiveness of OFHEO as a regulator, the capital
Download or read book The Housing Mission of the Office of Federal Enterprise Oversight and the Financial Safety and Soundness of Fannie Mae and Freddie Mac written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Transportation and published by . This book was released on 2002 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fannie Mae and Freddie Mac written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2010-10 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book GAO Study of HUD s Role as a Mission Regulator of Fannie Mae and Freddie Mac written by United States. Congress. House. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises and published by . This book was released on 1998 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fannie Mae and Freddie Mac Analysis of Options for Revising the Housing Enterprises Long Term Structures written by William B. Shear and published by DIANE Publishing. This book was released on 2010-11 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses options for restructuring Fannie Mae and Freddie Mac. On Sept. 6, 2008, both enterprises were placed in conservatorship out of concern that their deteriorating financial condition and potential default on $5.4 trillion in financial obligations threatened the stability of financial markets. This testimony: (1) summarizes the enterprises' performance in achieving key housing mission objectives; (2) identifies various options for revising the enterprises' long-term structures; (3) analyzes these options in terms of their potential capacity to achieve key housing mission and safety objectives; and (4) discusses how the fed. gov¿ts. mgmt. of the conservatorships and response to the housing crisis could affect any transition. Illus.
Download or read book Review of the Office of Federal Housing Enterprise Oversight and Federal Housing Finance Board written by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fannie Mae and Freddie Mac written by James R. Cristie and published by Nova Publishers. This book was released on 2007 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late 1980s and 1990s, Fannie Mae grew rapidly into the largest firm in the U.S. housing finance system and a major global financial institution. The Enterprise achieved double-digit growth in earnings per common share (EPS) for 15 straight years and leveraged its extraordinary financial success into enormous political influence. That financial and political success gave rise to a corporate culture at Fannie Mae in which senior management promoted the Enterprise as one of the lowest-risk financial institutions in the world and as "best in class" in terms of risk management, financial reporting, internal control, and corporate governance. This book describes the development and extent of the problems with Fannie Mae's accounting policies, internal controls, financial reporting, and corporate governance that led to the restatement of the Enterprise's financial reports and the actions to remedy that situation that the Office of Federal Housing Enterprise Oversight (OFHEO) has directed the Enterprise to take to date. The book also recommends that actions be taken to enhance the goal of maintaining the safety and soundness of Fannie Mae.
Download or read book Fannie Mae s and Freddie Mac s Financial Problems written by and published by . This book was released on 2008 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent turmoil in the housing and financial markets have caused concern over the future of Fannie Mae and Freddie Mac, which are chartered by Congress as government-sponsored enterprises (GSEs) and are widely believed to have an implicit guarantee from the federal government. Treasury Secretary Henry M. Paulsen, Jr., has proposed legislation to increase the two GSEs' line of credit with Treasury from its current $2.25 billion each to an unspecified higher amount to allow Treasury to purchase stock from Fannie and Freddie. The Federal Reserve has taken actions to allow Fannie and Freddie to borrow directly from the Fed. The Office of Federal Housing Enterprise Oversight (OFHEO) -- the GSEs safety and soundness regulator -- has repeated assurances that Fannie and Freddie have adequate capital, but as highly leveraged financial intermediaries Fannie Mae and Freddie Mac have limited resources against losses.
Download or read book Federal Housing Enterprises written by United States. General Accounting Office and published by . This book was released on 1998 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on HUD Oversight and Structure and published by . This book was released on 1996 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FHFA Oversight written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2010 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book GAO Report on the Merger of the Office of Federal Housing Enterprises and the Federal Housing Finance Board written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises and published by . This book was released on 1997 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Housing Board s Responsibility for Safety and Soundness and Mission Regulation of the Federal Home Loan Bank System written by Richard H. Baker and published by DIANE Publishing. This book was released on 2000-07 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hearing to discuss the General Accounting Office (GAO) audit of the Federal Housing Finance Board, which is the safety & soundness & mission regulator of the Federal Home Loan Bank. Witnesses: Richard S. Carnell, Assist. Sec. of the Treasury for Financial Institutions; Nancy R. Kingsbury, Acting Assistant Comptroller General, General Government Programs, GAO, accompanied by Thomas J. McCool, Dir., Financial Institutions & Markets; & Bruce A. Morrison, Chairman, Federal Housing Finance Board. Also includes a prepared statement submitted by Federal Housing Finance Board Director J. Timothy O'Neill.
Download or read book Oversight of the Federal National Mortgage Association Fannie Mae and the Federal Home Loan Mortgage Corporation Freddie Mac written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises and published by . This book was released on 1996 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book H R 3703 The Housing Finance Regulatory Improvement Act written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises and published by . This book was released on 2000 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Housing Board s Responsibility for Safety and Soundness and Mission Regulation of the Federal Home Loan Bank System written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises and published by . This book was released on 1998 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
