Alert June 26, 2012

FHFA Releases Annual Examination Report to Congress

The FHFA released its 2011 Report to Congress, which presents the agency’s findings from the 2011 examinations of Fannie Mae and Freddie Mac, the 12 Federal Home Loan Banks, and the FHL Banks’ Office of Finance. The FHFA serves as regulator and conservator of Fannie Mae and Freddie Mac, while supervising and regulating the 12 FHL Banks and the Office of Finance to promote the supervised entities’ safety and soundness and fulfillment of their housing mission. The report provides individual assessments for Fannie Mae, Freddie Mac, each of the 12 FHL Banks, and the Office of Finance.