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Prudential Management and Operations Standards

Open Date:
Open for comment 5/4/2023
All comments are due by 7/3/2023
Notice of Proposed Rulemaking
Fannie Mae; FHLBanks; Freddie Mac; Office of Finance
Document Number:
12 CFR Part 1236
CFR Description:
Federal Register Publish Date:
View Document:
Contact Information:

FOR FURTHER INFORMATION CONTACT: Clinton Jones, General Counsel, (202) 649-3006, Clinton.Jones@fhfa.gov; or Francisco Medina, Assistant General Counsel, (202) 649-3076, Francisco.Medina@fhfa.gov. These are not toll-free numbers. The mailing address is: Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, D.C. 20219. For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

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SUMMARY: The Federal Housing Finance Agency (FHFA) is proposing to amend its prudential management and operations standards Rule (rule) to clarify that FHFA may establish prudential management and operations standards (Standards) as regulations as well as guidelines. The proposed amendments to the rule would also revise definitions and make other conforming changes. FHFA is not proposing to establish new Standards or to revise Standards already established. However, FHFA is proposing that the rule and some of the existing Standards in the Appendix to the rule be made applicable to the Office of Finance of the Federal Home Loan Bank System (OF).

DATES: Comments must be received by July 3, 2023.

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