FIRST SESSION
ON
THE ROLE OF A FEDERAL FINANCIAL SAFETY AND SOUNDNESS REGU-
LATOR, AN APPROACH TO EXAMINING ACCOUNTING … hearing will come to order.
I would like to welcome today’s witness, Mr. Armando Falcon,
the Director of OFHEO. Freddie Mac … cre-
ated OFHEO in 1992 to regulate the safety and soundness of the
Enterprises. OFHEO has created an examination program …