1: Supervision
Enhance supervision to ensure the Enterprises operate in a safe and sound manner, are adequately capitalized and comply with
legal requirements.
Other Information:
OFHEO’s primary duty as a regulator is to ensure that the Enterprises have the financial strength and operational capacity
to fulfill their important role in the nation’s housing finance system. Providing a comprehensive and effective oversight
program requires attention to the Enterprises’ operations and management, the risks inherent in their activities and the dynamic
environment in which they operate. OFHEO will enhance and strengthen its oversight by applying meaningful risk-based standards,
assessing the Enterprises’ changing risk profiles, targeting resources to diagnose emerging issues, monitoring adherence to
law and regulation, verifying that required improvements are made, taking remedial action, and following through on litigation
that can result from enforcement actions.
Objective(s):
|
