Annual Report to Congress - 2003

The 2003 Report to Congress from the Office of Federal Housing Enterprise Oversight (OFHEO) has been prepared to meet the statutory requirements in section 1319B of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Title XIII of P.L. 102-550). Chapter One reports OFHEO's activities, operations, and performance. Chapter Two analyses developments in the secondary mortgage market. Chapter Three details OFHEO's capital regulation requirements and developments. Chapter Four describes OFHEO's examination program and the Enterprises' results. Chapter Five details OFHEO's budget and financial performance.