DER Effectively Oversaw Fannie Mae’s Multifamily Lenders and Loan Monitoring Activities, But Should Improve Documentation of its Sampling Approach

Date Issued

Monday, March 30, 2026

Submitting OIG

Federal Housing Finance Agency OIG

Agencies Reviewed/Investigated

Federal Housing Finance Agency

Report Number

AUD-2026-002

Report Type

Audit

Agency Wide

Yes

Number of Recommendations

Questioned Costs

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 2 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
AUD-2026-002-1	No	$0	$0
FHFA's DER Deputy Director should update the DER OPB, Sampling Practices for Examination Activity Testing, to establish key attributes of the sample population that should be documented, to include the complete or targeted population size.
AUD-2026-002-2	No	$0	$0
FHFA's DER Deputy Director should ensure supervisors and examiners implement updates to the DER OPB, Sampling Practices for Examination Activity Testing, to include documenting key population attributes.