FHFA "strongly disagrees" with questioning Fannie Mae's motives for HQ construction

In a wide-ranging report released Thursday, the FHFA Office of Inspector General seemingly questioned the motives of Fannie Mae surrounding the construction of its new headquarters in Washington, D.C. In a response to the OIG report, FHFA Director Mel Watt balks at the veiled questioning of Fannie Mae's motives, saying he "strongly disagrees" with the assertion that Fannie Mae has "little incentive" to hang on to its money.