News Releases

Washington, D.C. – The Office of Federal Housing Enterprise Oversight (OFHEO) has issued a research report, “Single-Family Mortgages Originated and Outstanding: 1990 – 2004”. The report presents statistics for conventional and government-guaranteed or insu​​​red single-family mortgages originated...

By regulation adopted a year ago, the Federal Housing Finance Board (“Finance Board”) required, as a milestone toward full registration, that each Federal Home Loan Bank (“Bank”) file an initial registration statement with the Securities and Exchange Commission (“SEC”) by June 30, 2005. Nine Banks...

Washington, D.C. – Stephen Blumenthal, Acting Director of the Office of Federal Housing Enterprise Oversight (OFHEO) today submitted the OFHEO 2005 Report to Congress, detailing examination conclusions and regulatory oversight of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie...

Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), has classified Fannie Mae as significantly undercapitalized as of December 31, 2004 and adequately...

Washington, D.C. – ​The Office of Federal Housing Enterprise Oversight (OFHEO) has sent to the Federal Register a final corporate governance rule that amends and strengthens the existing regulation and reduces the potential for future corporate misconduct at Fannie Mae and Freddie Mac. The...

Washington, D.C. – ​Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), has announced a second agreement with the Board of Directors of Fannie Mae to address deficiencies in internal controls, corporate governance and accounting systems. “While the special...

Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), has classified Fannie Mae as significantly undercapitalized under OFHEO’s capital standards as of September...

​The Federal Housing Finance Board today entered into a written agreement with the board of directors of the Federal Home Loan Bank of Seattle. The agreement addresses certain shortcomings in the Bank's governance, risk management and financial performance, which were identified during a regular...

Washington, DC – Armando Falcon, Jr. Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac today issued a research report, "Mortgage Markets and the Enterprises in 2003." The research report covers developments in the...

Washington, D.C. – ​Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), has announced an agreement with the Fannie Mae Board of Directors requiring immediate action to address the improper accounting and inadequate controls detailed in OFHEO’s findings to...