Tuesday - October 15, 2024
Federal Housing Finance Agency IG: 'DBR Provided Sufficient Oversight of Federal Home Loan Banks' Mortgage Programs'
October 08, 2024
WASHINGTON, Oct. 8 (TNSrep) -- The Federal Housing Finance Agency Inspector General issued the following audit report (No. AUD-2024-011) on Sept. 25, 2024, entitled "DBR Provided Sufficient Oversight of the Federal Home Loan Banks' Mortgage Programs."

Here are excerpts:

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EXECUTIVE SUMMARY

PURPOSE

To provide mortgage market liquidity, a Federal Home Loan Bank (FHLBank) may acquire conforming mortgage loans and loans g . . .

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