Housing Enterprises

Assessment of OFHEO's Interest Rate Analysis Gao ID: T-GGD-96-173 July 31, 1996

In July 1996, a congressional committee asked the Office of Federal Housing Enterprise Oversight (OFHEO) to analyze the potential effects of a large and rapid increase in interest rates, accompanied by otherwise unfavorable economic conditions, on the financial health of Fannie Mae and Freddie Mac. This testimony reviews OFHEO's analysis and assesses the reasonableness of the approach and the key assumptions that OFHEO used in its analysis.



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