fannie mae  should restate books  us mortgage company fannie mae should restate its earnings  a move that is likely to put a billion-dollar dent in its accounts  watchdogs have said.  the securities & exchange commission accused fannie mae of using techniques that  did not comply in material respects  with accounting standards. fannie mae last month warned that some records were incorrect. the other main us mortgage firm freddie mac restated earnings by $5bn (£2.6bn) last year after a probe of its books. the sec s comments are likely to increase pressure on congress to strengthen supervision of fannie mae and freddie mac.  the two firms are key parts of the us financial system and effectively underwrite the mortgage market  financing nearly half of all american house purchases and dealing actively in bonds and other financial instruments. the investigation of freddie mac in june 2003 sparked concerns about the wider health of the industry and raised questionsmarks over the role of the office of federal housing enterprise oversight (ofheo)  the industry s main regulator. having been pricked into action  the ofheo turned its attention to fannie may and in september this year said that the firm had tweaked its books to spread earnings more smoothly across quarters and play down the amount of risk it had taken on. the sec found similar problems. the watchdog s chief accountant donald nicolaisen said that  fannie mae s methodology of assessing  measuring and documenting hedge ineffectiveness was inadequate and was not supported  by generally accepted accounting principles.
Fannie Mae gbọdọ ṣe atunṣe iwe-ẹkọ ẹgbẹ ọja ọfiisi ọja US Fannie Mae gbọdọ ṣe atunṣe ẹkọ rẹ, ẹyiti yoo ṣe ifarakan biliọnu dọla ni akọọlẹ rẹ. Awọn oludamọran gbọdọ ṣe. Ile-ẹjọ Securities & Exchange Commission ti pe Fannie Mae lẹta fun awọn ọna ti ko ṣe e ṣe ni ẹkọ rẹ. Fannie Mae ni osu keje ti o ti ṣe akiyesi pe awọn iwe-ẹkọ kan ti ṣe lọṣọ. Ẹgbẹ ọja ọfiisi ọja US miiran Freddie Mac ti ṣe atunṣe ẹkọ rẹ ni $5bn (£2.6bn) ni ọdun to ṣe, lẹhin ti a ṣe aṣẹju ẹgbẹ naa. Awọn ọrọ SEC yoo ṣe ifọwọsi lori orile-ede Amerika lati ṣe aṣẹju Fannie Mae ati Freddie Mac. Awọn ẹgbẹ meji wọnyi ni ọkan ninu awọn ẹgbẹ ti o ṣe pataki ninu ọja owọ Amerika, ati pe wọn ṣe aṣẹju ọja ọfiisi ọja, ṣe ifowọsi lori ọja ọfiisi ọja, ati ṣe aṣẹju awọn ọja miiran. Aṣẹju Freddie Mac ni osu kefa 2003 ṣe ifọwọsi lori ilera ọja ọfiisi ọja, ati ṣe ifọwọsi lori ipa ti Office of Federal Housing Enterprise Oversight (OFHEO) ṣe. OFHEO ti ṣe aṣẹju Fannie Mae, ati ni osu keje yi, ṣe akiyesi pe ẹgbẹ naa ti ṣe atunṣe iwe-ẹkọ rẹ lati ṣe ifọwọsi lori ẹkọ rẹ, ati lati ṣe ifọwọsi lori ẹkọ rẹ. SEC ṣe ifọwọsi lori awọn ọna wọnyi. Oludamọran ẹgbẹ naa, Donald Nicolaisen, ṣe akiyesi pe ẹgbẹ Fannie Mae ṣe atunṣe iwe-ẹkọ rẹ, ati pe ko ṣe e ṣe ni ẹkọ rẹ.