The official watchdog of Fannie Maes and Freddie Macs regulator wants to know whats the holdup with the GSEs implementation of new accounting practices to write off overdue single-family residential mortgages. Last month, the Federal Housing Finance Agencys Office of Inspector General dispatched a management alert to the FHFA seeking answers as to why an advisory bulletin directing the GSEs to classify any single-family residence loan delinquent for 180 days or more as a loss has yet to be implemented. OIG issued the bulletin in April 2012, but the FHFA has given Fannie and Freddie until Jan. 1, 2015, to fully implement it.