Department of the Treasury Financial Crimes Enforcement Network, Frequently Asked Questions: Anti-Money Laundering Program and Suspicious Activity Reporting Requirements for Insurance Companies, FIN-2008-G004, at 2 (March 20, 2008). Accessed: September 3, 2013, at www.fincen.gov/ statutes_regs/guidance/pdf/fin-2008-g004.pdf. Reuters, Financial Glossary: Interest Rate Swap. Accessed: September 5, 2013, at http://glossary. reuters.com/index.php?title=Interest_Rate_Swap. Government Accountability Office, “Introduction,” “Internal Control Standards,” Internal Control: Standards for Internal Control in the Federal Government, GAO/AIMD-00-21.3.1, at 4, 6, 8 (November 1999). Accessed: September 3, 2013, at www.gao.gov/special.pubs/ai00021p.pdf. Arizona State Legislature, 44-141. Joint and several liability of parties to joint obligations. Accessed: September 3, 2013, at www.azleg.gov/ FormatDocument.asp?inDoc=/ars/44/00141. htm&Title=44&DocType=ARS. Securities and Exchange Commission, Mortgage- Backed Securities. Accessed: September 3, 2013, at www.sec.gov/answers/mortgagesecurities.htm. Robert G. Morgan, Martha M. Pointer, Katherine N. Morgan, and William D. Cooper, Tennessee Society of Certified Public Accountants, “Nature and Classification of the Noncontrolling Interest in a Consolidated Statement of Financial Position,” Accounting for Noncontrolling Interests in Consolidated Financial Statements: An Explanation of FASB Statement No. 160, at 20. Accessed: September 5, 2013, at www.tscpa.com/content/files/tscpa/Journal/ articles/fasb_160.pdf. Freddie Mac, Glossary of Finance and Economic Terms. Accessed: September 3, 2013, at www.freddiemac. com/smm/n_r.htm#O. Commodity Futures Trading Commission, CFTC Glossary. Accessed: September 5, 2013, at www. cftc.gov/consumerprotection/educationcenter/ cftcglossary/glossary_o. Office of the Special Inspector General for the Troubled Asset Relief Program, “Recent Developments,” SIGTARP: Quarterly Report to Congress, at 150 (October 26, 2010). Accessed: September 3, 2013, at www.sigtarp.gov/ Quarterly%20Reports/October2010_Quarterly_ Report_to_Congress.pdf. Freddie Mac, Our Business: Single-Family Credit Guarantee Business. Accessed: September 3, 2013, at www.freddiemac.com/corporate/company_profile/ our_business/index.html. Federal Housing Finance Agency, “Introduction,” Building a New Infrastructure for the Secondary Mortgage Market, at 4 (October 4, 2012). Accessed: September 3, 2013, at www.fhfa.gov/webfiles/24572/ fhfasecuritizationwhitepaper100412final.pdf. Federal Housing Finance Agency, Senior Preferred Stock Purchase Agreement. Accessed: September 3, 2013, at www.fhfa.gov/Default.aspx?Page=364. Letter from David H. Stevens, Assistant Secretary of Housing, Department of Housing and Urban Development, to All Approved Mortgagees, FHA Refinance of Borrowers in Negative Equity Positions (August 6, 2010). Accessed: September 3, 2013, at www.hud.gov/offices/adm/hudclips/letters/ mortgagee/files/10-23ml.pdf. Freddie Mac, Glossary of Finance and Economic Terms. Accessed: September 3, 2013, at www.freddiemac. com/smm/s_z.htm#S. Freddie Mac, “Straw Buyers,” Shut the Door on Mortgage Fraud: Information on How to Avoid Mortgage Fraud, at 13, 15. Accessed: September 13, 2013, at www.freddiemac.com/singlefamily/ preventfraud/toolkit.html (scroll to “Shut the Door Semiannual Report to the Congress • April 1, 2013–September 30, 2013 79
on Mortgage Fraud,” then click “English [PPT]” under “Educational Presentation: Avoid Mortgage Fraud,” then download the Power Point file). Reuters, Financial Glossary: Swaption. Accessed: September 5, 2013, at http://glossary.reuters.com/ index.php?title=Swaption. Federal Deposit Insurance Corporation, Resolutions Handbook: Glossary, at 98. Accessed: September 3, 2013, at www.fdic.gov/bank/historical/reshandbook/ glossary.pdf. Office of the Special Inspector General for the Troubled Asset Relief Program, “Homeowner Support Programs,” SIGTARP: Quarterly Report to Congress, at 65 (January 26, 2011). Accessed: September 3, 2013, at www.sigtarp.gov/ Quarterly%20Reports/January2011_Quarterly_ Report_to_Congress.pdf. New York State Society of Certified Public Accountants, Glossary: Valuation Allowance. Accessed: September 5, 2013, at www.nysscpa.org/glossary/ term/645. 80 Federal Housing Finance Agency Office of Inspector General
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Section 3: Lessons for Housing Fina
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OIG’s Accomplishments from 2010 t
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insures mortgages against credit lo
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operations that pose the greatest r
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144 Fannie Mae, “Comparison of Mu
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184 Federal Housing Finance Agency,
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Transparency and Certainty for Lend