Audits and Evaluations

2017

Closure of OIG Review of FHFA’s Supervision of an Enterprise’s Remediation of Matters Requiring Attention (ESR-2017-005) -
FHFA’s Processes for General Support System Component Inventory Need Improvement (AUD-2017-005) -
FHFA Complied with Applicable Improper Payment Requirements During Fiscal Year 2016 (AUD-2017-004) -
FHFA’s Examination Program for the FHLBanks’ Internal Audit Functions Was Adequately Designed and Executed (AUD-2017-003) -
FHFA’s Practice for Rotation of its Examiners Is Inconsistent between its Two Supervisory Divisions (EVL-2017-004) -
Directives from the Audit Committee of the Freddie Mac Board of Directors Caused Management to Improve its Reporting about Remediation of Serious Deficiencies from October 2015 through September 2016 (ESR-2017-003) -

2016

FHFA’s Examinations Have Not Confirmed Compliance by One Enterprise with its Advisory Bulletins Regarding Risk Management of Nonbank Sellers and Servicers (EVL-2017-002) -
FHFA’s Use of Inconsistent Criteria Materially Affected its Reporting of Remediation of Serious Deficiencies in its 2015 Performance and Accountability Report (EVL-2017-001) -
Performance Audit of the Federal Housing Finance Agency Office of Inspector General’s Information Security Program Fiscal Year 2016 (AUD-2017-002) -
Performance Audit of the Agency's Information Security Program Fiscal Year 2016 (AUD-2017-001) -
FHFA’s Targeted Examinations of Freddie Mac: Just Over Half of the Targeted Examinations Planned for 2012 through 2015 Were Completed (AUD-2016-007) -
FHFA’s Targeted Examinations of Fannie Mae: Less than Half of the Targeted Examinations Planned for 2012 through 2015 Were Completed and No Examinations Planned for 2015 Were Completed Before the Report of Examination Issued (AUD-2016-006) -
FHFA’s Supervisory Planning Process for the Enterprises: Roughly Half of FHFA’s 2014 and 2015 High-Priority Planned Targeted Examinations Did Not Trace to Risk Assessments and Most High-Priority Planned Examinations Were Not Completed (AUD-2016-005) -
Kearney & Company, P.C.'s Results of the Federal Housing Finance Agency's Cybersecurity Act Audit (AUD-2016-004) -
FHFA Failed to Consistently Deliver Timely Reports of Examination to the Enterprise Boards and Obtain Written Responses from the Boards Regarding Remediation of Supervisory Concerns Identified in those Reports (EVL-2016-009) -
FHFA's Failure to Consistently Identify Specific Deficiencies and Their Root Causes in Its Reports of Examination Constrains the Ability of the Enterprise Boards to Exercise Effective Oversight of Management's Remediation of Supervisory Concerns (EVL-2016-008) -
FHFA's Inconsistent Practices in Assessing Enterprise Remediation of Serious Deficiencies and Weaknesses in its Tracking Systems Limit the Effectiveness of FHFA's Supervision of the Enterprises (EVL-2016-007) -
FHFA Complied with Applicable Improper Payment Requirements During Fiscal Year 2015 (AUD-2016-003) -
Corporate Governance: Cyber Risk Oversight by the Fannie Mae Board of Directors Highlights the Need for FHFA's Closer Attention to Governance Issues (EVL-2016-006) -
FHFA's Supervisory Standards for Communication of Serious Deficiencies to Enterprise Boards and for Board Oversight of Management's Remediation Efforts are Inadequate (EVL-2016-005) -