Office of Federal Housing Enterprise Oversight


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Office of Federal Housing Enterprise Oversight (OFHEO)

An independent entity (www.ofheo.gov) established in 1992 within HUD.It provides oversight for Fannie Mae and Freddie Mac and is funded through assessments against those two corporations.

References in periodicals archive ?
American Bankers Association, American Financial Services Association, Consumer Bankers Association, Consumer Mortgage Coalition, Housing Policy Council, The Financial Services Roundtable, Independent Community Bankers of America, Mortgage Bankers Association, and the Real Estate Services Providers Council letter to James Lockhart, Director of Office of Federal Housing Enterprise Oversight, April 30, 2008.
In 2006 the Office of Federal Housing Enterprise Oversight issued the blistering results of its investigation.
(2) Office of Federal Housing Enterprise Oversight, Report to Congress: 2008, p.
The Office of Federal Housing Enterprise Oversight, Fannie Mae and Freddie Mac made the announcement to try to shore up the ailing housing market.
To name two: The agreement between New York Attorney General Andrew Cuomo and the government-sponsored entities Fannie Mae and Freddie Mac (and their overseer, the Office of Federal Housing Enterprise Oversight) was announced, and the comment period commenced, and completed; and Appraisal Institute Executive Editor Jan Seefeldt announced her retirement.
The regulator, the Office of Federal Housing Enterprise Oversight, said it was lowering to 20 percent from 30 percent the amount of extra capital the companies are required to hold.
19, the Office of Federal Housing Enterprise Oversight (OFHEO) modified the requirements governing how Fannie Mae and Freddie Mac oversee the mortgage purchases they retain in their portfolios.
To get a better idea about movements in housing prices, it is useful to look at two other recent releases: the S&P/Case-Shiller home price index and the Office of Federal Housing Enterprise Oversight (OFHEO) housing price index.
Also last year, the Office of Federal Housing Enterprise Oversight, which regulates Fannie Mac and Freddie Mac, issued a report alleging the accounting fraud unrelated to the foundation lasted six years.
In a suit filed against Fannie on December 18 to recover $115 million in compensation, the Office of Federal Housing Enterprise Oversight (OFHEO) said former Fannie Mae CEO Franklin D.
* Merge the Office of Federal Housing Enterprise Oversight (which oversees Fannie Mae and Freddie Mac) with the Federal Housing Finance Board (which oversees the FHLBs), creating a new regulator, the Federal Housing Finance Agency.
According to the Office of Federal Housing Enterprise Oversight, the housing price index (HPI) climbed 12.5 percent over the past 12 months, and housing appreciation during the last year and a half was the highest in 25 years.

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