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Prior Approval for Enterprise Products Final Rule

Open Date:
Open for comment
All comments are due by
Final Rule
Fannie Mae; Freddie Mac
Document Number:
12 CFR Part 1253
CFR Description:
Prior Approval for Enterprise Products
Federal Register Publish Date:
View Document:
/SupervisionRegulation/Rules/RuleDocuments/New Products Final Rule to Fed Reg_for Web.pdf|387.61 KB;
Contact Information:

​​FOR FURTHER INFORMATION CONTACT:  Susan Cooper, Senior Policy Analyst, Office of Housing and Regulatory Policy, (202) 649-3121, susan.cooper@fhfa.gov; or Dinah Knight, Assistant General Counsel, Office of General Counsel, (202) 748-7801, dinah.knight@fhfa.gov, Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, DC 20219. These are not toll-free numbers. 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 adopting a final rule that establishes a process for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to provide advance notice to the FHFA Director before offering a new activity to the market and to obtain prior approval from the Director before offering a new product to the market.

​DATES:  The Final Rule is effective February 27, 2023.

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