Industry News

Fannie Mae ordered to clean up flawed accounting systems

Regulator identifies 70 systems that pose risk for error
Published on Feb 27, 2004

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by CareyBot

Mortgage giant Fannie Mae’s chief federal regulator this week gave the company 30 days to submit its remediation plan for its financial reporting and end user systems. The Office of Federal Housing Enterprise Oversight conducted a special review of the ...

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