What agency ensures that gses are using sound financial practices and have adequate capital to engage in the mortgage business?

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22-07-2017
Business

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What agency ensures that gses are using sound financial practices and have adequate capital to engage in the mortgage business?

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Greenleafable Greenleafable · Answer 1 · 2017-07-31T22:42:32+02:00

Greenleafable Greenleafable

31-07-2017

The correct answer is The Federal Housing Finance Agency.
This is the agency that deals with whether the government-sponsored enterprises are doing a good and legal job. At the moment, the head of the FHFA is Mel Watt, appointed by the former president, Barack Obama in 2013.

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