FHFA Employee Reimbursement Noncompliance Findings
Summary
FHFA OIG issued Compliance Review EVL-2026-002 finding that FHFA did not consistently comply with its own policies and procedures for paying employee reimbursements and stipends. The audit examined internal controls over payment processes and identified instances of noncompliance. No specific monetary penalties or enforcement actions were stated in the report.
What changed
FHFA OIG published Compliance Review EVL-2026-002 identifying that FHFA did not consistently comply with established policies and procedures for paying employee reimbursements and stipends. The compliance review assessed internal controls over these payment processes.
Affected parties include FHFA as an agency and its administrative/finance functions responsible for processing employee reimbursements. Government agencies processing employee payments should review their internal controls to ensure consistent application of reimbursement and stipend policies. The findings highlight the importance of regular audits of financial payment processes even for routine administrative functions.
What to do next
- Review internal reimbursement policies and procedures
- Implement consistent compliance controls for employee payments
- Address identified instances of noncompliance
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
FHFA Did Not Consistently Comply with Policies and Procedures for Paying Employee Reimbursements and Stipends
Date
Tue, 03/31/2026 - 12:00
Document ID EVL-2026-002 Type Compliance Reviews PDF EVL-2026-002.pdf
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