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

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asked Aug 19, 2018 28.1k views

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Sander Verhagen · Answer 1 · 2018-08-26T04:49:50+0000

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.

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

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