Federal Housing Finance Agency I.G.: 'FHFA's Failure to Include Financial Crimes & Model Components in Its CSS Risk Assessment'
March 23, 2021
March 23, 2021
WASHINGTON, March 23 -- The Federal Housing Finance Agency Inspector General issued the following audit report (No. AUD-2021-005) entitled "FHFA's Failure to Include the Financial Crimes and Model Components in its CSS Risk Assessment Is Inconsistent with a Risk-Based Approach to Supervision":
Here are excerpts:
Executive Summary
The Federal Housing Finance Agency (FHFA) is charged by the Housing and Economic Recovery Act of 2008 with the sup . . .
Here are excerpts:
Executive Summary
The Federal Housing Finance Agency (FHFA) is charged by the Housing and Economic Recovery Act of 2008 with the sup . . .