Securities


Fannie Mae (formerly the Federal National Mortgage Association; www.fanniemae.com ) and Freddie Mac (formerly the Federal Home Loan Mortgage Corporation; www.freddiemac.com ) voluntarily consent to unprecedented SEC oversight of their financial disclosures. The accord’s immediate practical consequences—registration of the two government-sponsored enterprises’ (GSE) common stock with the SEC—are perhaps less significant than its implications for the future, which include the possibility of SEC registration of the GSEs’ high-profile, mortgage-backed securities. Moreover, by registering their common stock, Fannie Mae and Freddie Mac will be required under the Securities Exchange Act of 1934 to file their annual and quarterly reports and amendments with the SEC beginning in 2003. Also party to the agreement are the Treasury Department and the Office of Federal Housing Enterprise Oversight ( www.ofheo.gov ), which monitors the GSEs’ capital adequacy and financial safety and soundness.

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.