President & CEO of KHFC Chung Hong-sik will meet Director of OFHEO Armando Falcon, Jr. Director of OFHEO, Armando Falcon, Jr., will visit KHFC at 10 o’clock on June 17th for discussions with President & CEO of KHFC, Jung Hong-sik, on issues ranging from the conditions in the US secondary mortgage market to oversight of Fannie Mae and Freddie Mac, which are secondary mortgage market enterprises. The Office of Federal Housing Enterprise Oversight is a federal agency whose main function is to oversee Fannie Mae and Freddie Mac.