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OFHEOOffice of Federal Housing Enterprise Oversight (US HUD)
OFHEOOffice of Fair Housing and Equal Opportunity (US HUD)
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References in periodicals archive ?
The GSE accounting scandals constituted a rude awakening for OFHEO and Congress.
James Lockhart, then Director of the Office of Federal Housing Enterprise Oversight (OFHEO), initially sought to block the subpoena.
These complaints raise a unique and interesting legal issue: Should the settlement entered into by the OFHEO be subject to the rulemaking requirements of the Administrative Procedures Act ("APA")?
The agreement stated OFHEO would work with the defendants to develop "appropriate search terms." When the defendants came back with 400 search terms, OFHEO protested the term "appropriate" placed a limitation on the terms, but to no avail.
We rely on two sources of house price growth to estimate negative equity: the widely used OFHEO house price index and the S&P/Case-Shiller home price index.
By contrast, over the same period, the OFHEO nationwide house price index fell 4.5 percent.
February 2008 is also the first month in which house prices have declined on a year-over-year basis according to the OFHEO data; and they have declined every month since.
Based upon the OFHEO price index, since 2000 the average house price in Montana and surrounding states grew by between 50 percent and 90 percent (Figure 2).
(18) In other words, according to OFHEO, the GSEs had
We were expecting a much bolder step by OFHEO, with a greater reduction in the capital surcharge in light of the severity of the mortgage credit crunch.
The event featured a keynote speech by Alfred Pollard, OFHEO general counsel, on the hot button issue of the day (no, make that month): the Fannie/Freddie agreement.
In addition, the companies will begin to raise "significant capital," OFHEO said in a joint statement with Fannie Mae and Freddie Mac.