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Fannie Mae and Freddie Mac both were subject to regulation by the same regulator, the Office of Federal Housing Enterprise Oversight (OFHEO), an agency within
Fannie Mae and Freddie Mac both were subject to regulation by the same regulator, the Office of Federal Housing Enterprise Oversight (OFHEO), an agency within the Department of Housing and Urban Development. OFHEO was charged with ensuring Fannie Maes and Freddie Macs soundness while at the same time ensuring that they achieved their respective HUD housing goals. How might these objectives cause a conflict of interests for OFHEO? Explain
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