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Housing Enterprises: Advantages and Disadvantages of Creating a Single Housing GSE Regulator

T-GGD-97-160 Published: Jul 24, 1997. Publicly Released: Jul 24, 1997.
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Highlights

 

GAO discussed the advantages and disadvantages of creating a single regulator for the housing government-sponsored enterprises (GSE)--the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank System (FHLBank System).

 

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Topics

Federal agency reorganizationGovernment guaranteed loansGovernment sponsored enterprisesInteragency relationsLending institutionsMortgage loansRegulatory agenciesRisk managementHousingHousing enterprises