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Where To Report Waste
Fraud, Abuse, Or Retaliation
Where To Report Waste Fraud, Abuse, Or Retaliation

DER Provided Effective Oversight of the Enterprises’ Nonbank Seller/Servicers Risk Management But Needs to Develop Policies and Procedures for Two Supervisory Activities

Related Open Recommendations

Recommendation Number Recommendation Status Significant Recommendation Additional Details
AUD-2024-003-1 Open No
FHFA should ensure the Division of Enterprise Regulation develops and implements written policies and procedures for conducting reviews of nonbank seller/servicers, to include but not limited to, procedures, internal controls, and documentation requirements.
AUD-2024-003-2 Open No
FHFA should ensure Division of Enterprise Regulation’s Nonbank Seller Servicer Risk Monitoring Branch develops and implements written policies and procedures to guide the risk monitoring and analysis process, to include but not limited to, procedures and internal controls.
Displaying 2 of 2 Recommendations