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Golden Parachute Payments and Indemnification Payments

Open Date:
Open for comment 5/14/2008
Deadline:
All comments are due by 7/15/2008
Type:
Interim Final Rule
Number:
RIN-2590-AA08
Group:
Supervision and Regulation; About Us; Fannie Mae; Federal Home Loan Banks; Freddie Mac; Regulation
Fannie Mae; FHLBanks; Freddie Mac
Document Number:
E8-21650
CFR:
12 CFR 1231
CFR Description:
 
Federal Register Publish Date:
9/16/2008
Federal Register Citation:
View Document:
 
Contact Information:

Alfred M. Pollard, General Counsel (OFHEO), telephone (202) 414-3788 or Christopher Curtis, General Counsel (FHFB), telephone (202) 408-2802 (not toll-free numbers), Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552.  If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

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SUMMARY: The Federal Housing Finance Agency (FHFA) is issuing an interim final regulation, with a request for comments, setting forth factors to be considered by the Director of FHFA in acting upon the Director’s authority to limit golden parachute payments to entity-affiliated parties in connection with the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Federal Home Loan Banks.

DATES:

Effective date: September 16, 2008.
Comment date: Comments on the Interim Final Regulation must be received on or before October 31, 2008.

For additional information, see SUPPLEMENTARY INFORMATION.​

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