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FHFA Cuts Inspector General Budget to $20 Million as Watchdog Warns of Deep Staff Reductions

FHFA Cuts Inspector General Budget to $20 Million as Watchdog Warns of Deep Staff Reductions

by John G. Stevens | Oct 1, 2026 | Current News & Events, Industry Updates, Mortgage Information

The Federal Housing Finance Agency has cut the annual budget of its independent inspector general to $20 million, a 64% reduction from the level the White House submitted to Congress, prompting the watchdog to warn lawmakers that it may have to eliminate 70% to 80% of...

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