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Prior Approval for Enterprise Products Proposed Rule

Open Date:
Open for comment 10/19/2020
Deadline:
All comments are due by 1/8/2021
Type:
Notice of Proposed Rulemaking
Number:
RIN-2590-AA17
Group:
 
Fannie Mae; Freddie Mac
Document Number:
FR Doc. 2020-23452
CFR:
12 CFR Part 1253
CFR Description:
Prior Approval for Enterprise Products
Federal Register Publish Date:
View Document:
/SupervisionRegulation/Rules/RuleDocuments/New Products Proposed Rule for Web.pdf|209.78 KB;
Contact Information:

FOR FURTHER INFORMATION CONTACT:  Susan Cooper (202) 649-3121, susan.cooper@fhfa.gov, Office of Housing and Regulatory Policy; or Miriam Smolen (202) 230-2987, miriam.smolen@fhfa.gov, Office of General Counsel, Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, DC 20219. These are not toll-free numbers. The telephone number for the Telecommunications Device for the Deaf is (800) 877-8339.

Related Documents:
/SupervisionRegulation/Rules/RuleDocuments/Fact Sheet_Proposed Rule for New Enterprise Products 10 19 2020_ Draft v2.pdf|493.36 KB;

There are currently no related dockets for the selected rule.

SUMMARY:  The Federal Housing Finance Agency (FHFA or Agency) is seeking comment on a proposed rule to implement section 1321 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by section 1123 of the Housing and Economic Recovery Act of 2008. This proposed rule, if adopted, would replace a 2009 interim final rule that established a process for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to obtain prior approval from the FHFA Director for a new product and provide prior notice to the Director of a new activity.

DATES:  FHFA invites interested parties to submit comments on the notice of proposed rulemaking by January 8, 2021

Submit a Comment
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