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

Submitting OIG:

Federal Housing Finance Agency OIG

Date Issued:

Thursday, February 9, 2023

Agency Reviewed / Investigated:

Federal Housing Finance Agency

Submitting OIG-Specific Report Number:

AUD-2023-001

Location(s):

Agency-Wide

Type of Report:

Audit

Questioned Costs:

Funds for Better Use:

Number of Recommendations:

View Document:

Attachment	Size
AUD-2023-001.pdf	256.61 KB

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation	Additional Details
AUD-2023-001-2	Open	No
Perform an AHP workforce planning analysis using the minimum examination frequencies for AHP risk areas established in response to Recommendation 1 to determine current and future examination needs and address any staffing gaps identified.

Federal Housing Finance Agency OIG

Federal Housing Finance Agency

FHFA-OIG promotes economy, efficiency, and effectiveness and protects FHFA and the entities it regulates against fraud, waste, and abuse, contributing to the liquidity and stability of the nation’s housing finance system. We accomplish this mission by providing independent, relevant, timely, and transparent oversight of the Agency in order to promote accountability, integrity, economy, and efficiency; advising the Director of the Agency and Congress; informing the public; and engaging in robust enforcement efforts to protect the interests of the American taxpayers.

https://fhfaoig.gov/

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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

Related Open Recommendations