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Federal Housing Enterprises: HUD's Implementation of Its Mission Oversight Needs to Be Strengthened

T-GGD-98-177 Published: Jul 30, 1998. Publicly Released: Jul 30, 1998.
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Highlights

 

Pursuant to a congressional request, GAO discussed the Department of Housing and Urban Development's (HUD) housing mission oversight of the two largest government-sponsored housing enterprises: the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

 

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Federal aid for housingFinancial managementGovernment sponsored enterprisesHousing programsMortgage loansMortgage programsProgram evaluationHousingHousing enterprisesCompliance oversight