The Federal Housing Finance Agency (FHFA) needs to control employee
compensation more directly at Fannie Mae and Freddie Mac in order to
contain costs at the two housing finance institutions, according to a report by FHFA’s inspector general.
“FHFA-OIG believes that FHFA has a responsibility to enhance its current non-executive compensation oversight through reviews or examinations,” the report said.
The report, released Monday, describes the compensation levels at different employment ranks within Fannie Mae and Freddie Mac. It then provides recommendations for how FHFA should strengthen its control over employee pay.
Read more: http://freebeacon.com/controlling-costs/
“FHFA-OIG believes that FHFA has a responsibility to enhance its current non-executive compensation oversight through reviews or examinations,” the report said.
The report, released Monday, describes the compensation levels at different employment ranks within Fannie Mae and Freddie Mac. It then provides recommendations for how FHFA should strengthen its control over employee pay.
Read more: http://freebeacon.com/controlling-costs/
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