Open Recommendations
Recommendation Number | Significant Recommendation | Recommended Questioned Costs | Recommended Funds for Better Use | Additional Details | |
---|---|---|---|---|---|
AUD-2024-009-1 | No | $0 | $0 | ||
FHFA should update examination manuals to include specific procedures to assess the Enterprises’ oversight of seller/servicers’ flood insurance compliance. | |||||
AUD-2024-009-2 | No | $0 | $0 | ||
FHFA should ensure examiners perform and document examination activities to assess whether Freddie Mac implemented procedures reasonably designed to ensure that mortgage loans they purchase are covered by adequate flood insurance if the property is located in a Special Flood Hazard Area. |