Department of Housing and Urban Development
HUD's Regulation of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) Gao ID: OGC-01-10 November 9, 2000Pursuant to a legislative requirement, GAO reviewed the Department of Housing and Urban Development's (HUD) new rule on the regulation of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). GAO noted that: (1) the rule would establish new housing goal levels for Fannie Mae and Freddie Mac; and (2) HUD complied with applicable requirements in promulgating the rule.