FINANCIAL AUDIT: Federal Housing Finance Agency's Fiscal Year 2009 Financial Statements

Sebastian, Steven J.
November 2009
GAO Reports;11/16/2009, preceding p1
Government Documents
The article presents a study by the U.S. Government Accountability Office (GAO) which aims to find out the whether the Federal Housing Finance Agency (FHFA) has reported fairly stated financial statements for the 2009 fiscal year. It notes the report's findings in FHFA's internal control over financial reporting and compliance with certain laws. It cites the responsibility given by the Housing and Economic Recovery Act (HERA) over Fannie Mae and Freddie Mac and 12 federal home loan banks.


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