Audits and Evaluations

2023

DER Implemented Controls to Ensure that the Enterprises and CSS Remediated Adverse Examination Findings Within FHFA Determined Reasonable Timeframes (AUD-2023-007) -
Audit of the Federal Housing Finance Agency’s Privacy Program Fiscal Year 2023 (AUD-2023-006) -
FHFA Has Initiatives to Advance Equity and Support for Underserved Communities, but Tracking and Documentation Need Improvement (AUD-2023-005) -
Audit of the Federal Housing Finance Agency’s Information Security Programs and Practices Fiscal Year 2023 Audit (AUD-2023-004) -
FHFA Completed Examination Work Sufficient to Determine Whether the Enterprises’ Credit Default Models Met Supervisory Expectations (EVL-2023-003) -
FHFA Followed Its Guidance When Making Conservatorship Decisions But Needs to Improve Retention of Decision Documentation and Update the Conservatorship Decision Policy and Procedures (AUD-2023-003) -
FHFA Examinations of CSS Include Review of the Board of Managers but Supervision Has a Key Person Dependency and Outdated Guidance (EVL-2023-002) -
FHFA Did Not Fully Implement Select Security Controls Over One of Its Cloud Systems as Required by NIST and FHFA Standards and Guidelines (AUD-2023-002) -
The Division of Federal Home Loan Bank Regulation Followed Its Guidance in Performing Annual Examinations of Each Federal Home Loan Bank’s Affordable Housing Program but the AHP Examination Planning Processes Require Improvement (AUD-2023-001) -

2022

FHFA Could Further Combat Appraisal Bias by Ensuring That Complaints Are Filed with State Authorities and Ensuring the Enterprises Use Appraisals That Comply with Federal Law (EVL-2023-001) -
FHFA Could Enhance the Efficiency of the Agency’s Oversight of Enterprise Executive Compensation by Ensuring Sufficient Human Capital Resources and Updating Procedures (EVL-2022-003) -
FHFA Did Not Always Follow Federal Regulations and Its Policy for Employee Financial Disclosures During Fiscal Years 2020 and 2021 (AUD-2022-011) -
FHFA Did Not Fully Comply with DHS Binding Operational Directives for Securing Its Public Websites and Publishing Its Vulnerability Disclosure Policy (AUD-2022-010) -
Audit of the Federal Housing Finance Agency’s Information Security Program and Practices Fiscal Year 2022 (AUD-2022-009) -
FHFA Has Laid the Groundwork to Integrate Consideration of Climate-Related Financial Risk into its Policies and Programs but Plans and Methodologies to Accomplish This Work Are in the Early Stages of Development (AUD-2022-008) -
FHFA Did Not Always Follow its Procedures When Reviewing the Enterprises' Draft SEC Filings, But Plans to Take Corrective Action (AUD-2022-007) -
FHFA Adequately Designed and Implemented Controls to Detect and Prevent Improper Vendor Payments During Fiscal Year 2021 (AUD-2022-006) -
DER Followed its Guidance to Prepare, Review, and Issue the 2020 CSS Report of Examination (AUD-2022-005) -
FHFA’s Public Reporting of the Enterprises’ Progress Toward the Objectives FHFA Set in the 2020 Conservatorship Scorecard Lacked the Detail and Transparency of Past Reporting (EVL-2022-002) -
FHFA’s Division of Enterprise Regulation Has Made Progress in Its Quality Control Program but Needs to Ensure Adequate Reporting and Feedback Is Provided to Management (EVL-2022-001) -