Financial Audit:

Federal Housing Finance Agency's Fiscal Years 2012 and 2011 Financial Statements

GAO-13-124R: Published: Nov 15, 2012. Publicly Released: Nov 15, 2012.

Additional Materials:

Contact:

J. Lawrence Malenich
(202) 512-3406
malenichj@gao.gov

 

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

What GAO Found

GAO found (1) the financial statements are presented fairly, in all material respects, in conformity with U.S. generally accepted accounting principles; (2) the Federal Housing Finance Agency (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 GAO tested.

Why GAO Did This Study

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.

For more information, contact J. Lawrence Malenich at (202) 512-3406 or malenichj@gao.gov.

Jun 14, 2017

May 25, 2017

May 24, 2017

May 18, 2017

Apr 26, 2017

Apr 5, 2017

Mar 31, 2017

Feb 23, 2017

Feb 16, 2017

Feb 15, 2017

Looking for more? Browse all our products here