THE FOLLOW UP
STATEMENT

FHFA received unmodified GAO audit opinion for FY2025 with no material weaknesses

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oversight

GAO issued an unmodified audit opinion on FHFA's FY2025 financial statements with no findings of material weaknesses or unacceptable risks.

Source summary
The Federal Housing Finance Agency (FHFA) published its FY2025 Performance and Accountability Report and announced it received an unmodified audit opinion from the U.S. Government Accountability Office (GAO) with no findings of material weaknesses or unacceptable risks. This is the seventeenth consecutive year the agency has earned an unmodified opinion. The report highlights FHFA’s oversight of Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks and frames the audit result as confirmation of the agency’s commitment to transparency, accountability, and protecting housing finance stability.
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Latest fact check

Unable to access GAO audit document due to access errors while retrieving GAO's report (GAO-26-108276). FHFA's news release and Performance and Accountability Report page state FHFA received an unmodified GAO opinion for FY2025 and cite the 17th consecutive year, but the independent GAO report could not be retrieved to confirm 'no finding of material weaknesses' in the GAO opinion text. Recommend rechecking GAO's published audit report when GAO access is available.

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Timeline

  1. Scheduled follow-up · Jan 25, 2026overdue
  2. Completion due · Jan 25, 2026
  3. Update · Jan 23, 2026, 11:24 PMTech Error
    Unable to access GAO audit document due to access errors while retrieving GAO's report (GAO-26-108276). FHFA's news release and Performance and Accountability Report page state FHFA received an unmodified GAO opinion for FY2025 and cite the 17th consecutive year, but the independent GAO report could not be retrieved to confirm 'no finding of material weaknesses' in the GAO opinion text. Recommend rechecking GAO's published audit report when GAO access is available.
  4. Original article · Jan 23, 2026
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