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Report File
Date Issued
Submitting OIG
Federal Housing Finance Agency OIG
Agencies Reviewed/Investigated
Federal Housing Finance Agency
Report Number
EVL-2025-001
Report Type
Inspection / Evaluation
Agency Wide
Yes
Number of Recommendations
5
Questioned Costs
$0
Funds for Better Use
$0
Report updated under NDAA 5274
No

Open Recommendations

This report has 5 open recommendations.
Recommendation Number Significant Recommendation Recommended Questioned Costs Recommended Funds for Better Use Additional Details
EVL-2025-001-1 No $0 $0

FHFA’s Office of General Counsel should seek Freddie Mac legal counsel’s formal position regarding the privacy issues the Enterprise raised with respect to personally identifiable information contained in appraisals that are submitted to state licensing authorities.

EVL-2025-001-2 No $0 $0

FHFA’s Office of General Counsel should assess Freddie Mac legal counsel’s formal position and issue guidance to both Enterprises to ensure a consistent approach.

EVL-2025-001-3 No $0 $0

If FHFA’s assessment in recommendation No. 2 warrants, the Division of Public Interest Examinations should ensure that Freddie Mac resubmits complaints from our sample to the relevant state authorities and include copies of the full appraisal report without duplicating complaints previously submitted by Fannie Mae.

EVL-2025-001-4 No $0 $0

FHFA's Division of Public Interest Examinations should ensure that Freddie Mac updates its existing complaint submission practices so that future complaints filed against appraisers follow the instructions of state appraiser licensing authorities for each complaint, consistent with FHFA’s legal position and guidance to the Enterprises in conjunction with recommendation No. 2.

EVL-2025-001-5 No $0 $0

FHFA's Division of Public Interest Examinations should update its fair lending examination procedures to establish examination performance and documentation standards for ongoing monitoring of remediation activities that are no less rigorous than the standards established for examiners by the Division of Enterprise Regulation and require examiners to document the basis for determinations regarding completed corrective actions taken by the Enterprises to remediate time-sensitive examination findings.

Federal Housing Finance Agency OIG

United States