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Stress Testing of Regulated Entities89FHFA-RulemakingSUMMARY: This final rule implements section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and requires the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and each of the twelve Federal Home Loan Banks (Banks) (any of the Banks singularly, Bank; Fannie Mae and Freddie Mac collectively, the Enterprises; the Enterprises and the Banks collectively, regulated entities; any of the regulated entities singularly, regulated entity) that has total consolidated assets of more than $10 billion to conduct annual stress tests to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions. The rule reflects the Federal Housing Finance Agency’s (FHFA’s) supervisory judgment after considering public comments and is grounded in its regulatory and supervisory authority and obligation to ensure the safety and soundness of the regulated entities under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (Safety and Soundness Act) and the Federal Home Loan Bank Act, as amended (Bank Act). In accordance with section 165(i)(2)(C) of the Dodd-Frank Act, FHFA has coordinated with the Board of Governors of the Federal Reserve System (FRB), and the Federal Insurance Office.DATES: Effective Date: October 28, 2013.FOR FURTHER INFORMATION CONTACT: Naa Awaa Tagoe, Senior Associate Director, Office of Financial Analysis, Modeling and Simulations, (202) 649-3140, naaawaa.tagoe@fhfa.gov; Fred Graham, Deputy Director, Division of Federal Home Loan Bank Regulation, (202) 649-3500, fred.graham@fhfa.gov; or Mark D. Laponsky, Deputy General Counsel, Office of General Counsel, (202) 649-3054 (these are not toll-free numbers), mark.laponsky@fhfa.gov. The telephone number for the  Telecommunications Device for the Hearing Impaired is (800) 877-8339.​2/18/2020 9:18:51 PMSupervision & Regulation / Federal Register / Stress Testing of Regulated Entities than $10 billion to conduct annual stress tests to determine whether the companies have 68510htmlFalseaspx
Risk-Based Capital: Final Rule (2001)92FHFA-Rulemaking<p><strong>SUMMARY&#58; </strong>The Office of Federal Housing Enterprise Oversight (OFHEO) is directed by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to issue a risk-based capital regulation for the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association (collectively, the Enterprises). The regulation specifies the risk-based capital stress test that will be used to determine each Enterprise’s risk-based capital requirement and, along with the minimum capital requirement, to determine each Enterprise’s capital classification for purposes of possible supervisory action.</p><p><strong>EFFECTIVE DATE&#58;</strong> September 13, 2001.</p><p><strong>FOR FURTHER INFORMATION CONTACT&#58;</strong> Edward J. Szymanoski, Acting Associate Director, Office of Risk Analysis and Model Development; Dorothy J. Acosta, Deputy General Counsel; or David A. Felt, Associate General Counsel, Office of Federal Housing Enterprise Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552, telephone (202) 414–3800 (not a toll-free number). The telephone number for the telecommunications device for the deaf is (800) 877–8339.</p>2/18/2020 9:18:51 PMHome / Supervision & Regulation / Federal Register / Risk-Based Capital: Final Rule The regulation specifies the risk-based capital stress test that will be used to determine 262htmlFalseaspx
Risk-Based Capital93FHFA-Rulemaking<p><strong>SUMMARY&#58; </strong>The Office of Federal Housing Enterprise Oversight (OFHEO) is proposing to amend Appendix A to Subpart B of 12 CFR Part 1750 Risk-Based Capital. The effect of these amendments would be to modify provisions relating to counterparty haircuts, multifamily loans, and refunding and to make several technical adjustments and corrections. These amendments are intended to refine the stress test model to tie capital more closely to risk.</p><p><strong>DATES&#58; </strong>Written comments must be received by January 17, 2002.</p><p><strong>ADDRESSES&#58;</strong> Send written comments concerning the proposal to Alfred Pollard, General Counsel, Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. Written comments may also be sent to Mr. Pollard by electronic mail at <a href="mailto&#58;RegComments@ofheo.gov">RegComments@ofheo.gov</a><em>.</em> OFHEO requests that written comments submitted in hard copy also be accompanied by the electronic version in MS Word or in portable document format (PDF) on 3.5″ disk.</p><p><strong>FOR FURTHER INFORMATION CONTACT&#58; </strong>Edward J. Szymanoski, Acting Associate Director, Office of Risk Analysis and Model Development, telephone (202) 414–3763 (not a toll-free number), or David Felt, Associate General Counsel, telephone (202) 414–3750 (not a toll-free number), Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The telephone number for the Telecommunications Device for the Deaf is (800) 877–8339.</p>2/18/2020 9:18:51 PMHome / Supervision & Regulation / Federal Register / Risk-Based Capital These amendments are intended to refine the stress test model to tie capital more closely 68470htmlFalseaspx
Orders: Reporting by Regulated Entities of Stress Testing Results19413text/html; charset=utf-8 FHFA-Rulemaking<p>​<strong>SUMMARY&#58;</strong> In this document, the Federal Housing Finance Agency (FHFA) provides notice that it issued Orders, dated March 1, 2018, with respect to stress test reporting as of December 31, 2017, under section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Summary Instructions and Guidance accompanied the <br>Orders to provide testing scenarios.<br><br><strong>DATES&#58; </strong>Effective April 30, 2018. Each Order is applicable March 1, 2018.</p>4/30/2018 5:02:28 PMdated March 1, 2018, with respect to stress test reporting as of December 31, 2017, under Summary Instructions and Guidance accompanied the Orders to provide testing scenarios 506https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Orders: Supplemental Orders on Reporting by Regulated Entities of Stress Testing Results as of September 30, 201319416text/html; charset=utf-8 FHFA-Rulemaking<p>​<strong>SUMMARY&#58;</strong> In this document, the Federal Housing Finance Agency (FHFA) provides notice that it issued Orders to supplement its Orders dated November 26, 2013 and December 13, 2013, with respect to the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation reporting results under section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). </p><p><strong>DATES&#58; </strong>Effective May 2, 2014. Each Order is applicable April 28, 2014.</p>Orders: Supplemental Orders on Reporting by Regulated Entities of Stress Testing Results as of September 30, 20136/5/2014 7:11:20 AMFannie Mae; Freddie Mac Document Number Naa Awaa Tagoe, Senior Associate Director, Office 258https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Risk-Based Capital ANPR Extension of Comment Period19475text/html; charset=utf-8 FHFA-Rulemaking<p><strong>​SUMMARY&#58; </strong>On February 8, 1995 (60 FR 7468), the Office of Federal Housing Enterprise Oversight (OFHEO) published an advance notice of proposed rulemaking (ANPR) entitled &quot;Risk-Based Capital.'' This ANPR is a significant step in the process of developing a regulation to establish risk-based capital standards for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. To ensure that the public has ample opportunity to participate in the rulemaking process by commenting on a variety of technical and policy issues involved in the development of the risk-based regulation and the risk-based capital stress test, today’s notice extends the public comment period from May 9, 1995 through June 8, 1995.</p><p><strong>DATES&#58;</strong> The comment period is extended until June 8, 1995.</p><p><strong>ADDRESSES&#58;</strong> Send written comments to Anne E. Dewey, General Counsel, Office of General Counsel, Office of Federal Housing Enterprise Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552.</p><p><strong>FOR FURTHER INFORMATION CONTACT&#58;</strong> David J. Pearl, Director, Research, Analysis and Capital Standards; or Gary L. Norton, Deputy General Counsel, Office of Federal Housing Enterprise Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552, telephone (202) 414-3800 (not a toll-free number).</p>11/10/2016 7:26:26 PMHome / Supervision & Regulation / Federal Register / Risk-Based Capital ANPR Extension of regulation and the risk-based capital stress test, today’s notice extends the public 168https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Stress Testing of Regulated Entities19492text/html; charset=utf-8 FHFA-Rulemaking<p><strong>SUMMARY&#58;</strong> This proposed rule would implement section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) which requires certain financial companies with total consolidated assets of more than $10 billion, and which are regulated by a primary federal financial regulatory agency, to conduct annual stress tests to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions. The Federal Housing Finance Agency (FHFA) is the primary federal financial regulator of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Banks (Banks) (Fannie Mae and Freddie Mac collectively, the Enterprises; the Enterprises and the Banks collectively, regulated entities). While each of the regulated entities currently has total consolidated assets of more than $10 billion, FHFA proposes expressly to retain to the Director the discretion to require any regulated entity that falls below the $10 billion threshold to conduct annually the stress test. FHFA’s proposal reflects its supervisory judgment and is grounded in its regulatory and supervisory authority and obligation to ensure the safety and soundness of the regulated entities under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (12 U.S.C. 4501 et seq.) (Safety and Soundness Act) and the Federal Home Loan Bank Act, as amended (12 U.S.C. 1421 through 1449) (Bank Act). In accordance with section 165(i)(2)(C) of the Dodd-Frank Act, FHFA has coordinated with the Federal Reserve Board of Governors (Board), and the Federal Insurance Office.</p><p><strong>DATES&#58;</strong> Comments on the proposed rule must be received on or before November 5, 2012.</p><p><strong>ADDRESSES&#58;</strong> You may submit your comments, identified by regulatory identification number (RIN) 2590–AA47, by any of the following methods&#58;</p><ul><li><p><em>Federal eRulemaking Portal&#58; </em><a>www.regulations.gov</a>. Follow the instructions for submitting comments. If you submit your comment to the <em>Federal eRulemaking Portal</em>, please also send it by email to FHFA at <a href="mailto&#58;RegComments@fhfa.gov">RegComments@fhfa.gov</a> to ensure timely receipt by the agency. Please include &quot;RIN 2590–AA47&quot; in the subject line of the message.</p></li><li><p><em>Email&#58;</em> Comments to Alfred M. Pollard, General Counsel, may be sent by email to <a href="mailto&#58;RegComments@fhfa.gov">RegComments@fhfa.gov</a>. Please include &quot;RIN 2590–AA47&quot; in the subject line of the message.</p></li><li><p><em>U.S. Mail, United Parcel Service, Federal Express, or Other Mail Service&#58;</em> The mailing address for comments is&#58; Alfred M. Pollard, General Counsel, Attention&#58; Comments/RIN 2590–AA47, Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024.</p></li><li><p><em>Hand Delivered/Courier&#58;</em> The hand delivery address is&#58; Alfred M. Pollard, General Counsel, Attention&#58; Comments/ RIN 2590–AA47, Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024. The package should be logged at the Guard’s Desk, First Floor, on business days between 9 a.m. to 5 p.m.&#160;</p></li></ul><p><span style="line-height&#58;23.11111068725586px;">See SUPPLEMENTARY INFORMATION for additional information on submission and posting of comments.</span></p><p><strong>FOR FURTHER INFORMATION CONTACT&#58;</strong> Naa Awaa Tagoe, Senior Associate Director, Office of Financial Analysis, Modeling and Simulations, (202) 649–3140, <a href="mailto&#58;naaawaa.tagoe@fhfa.gov">naaawaa.tagoe@fhfa.gov</a>; Fred Graham, Associate Director, Risk Modeling and Market Analysis, (202) 649–3500, <a href="mailto&#58;fred.graham@fhfa.gov">fred.graham@fhfa.gov</a>; or Mark D. Laponsky, Deputy General Counsel, Office of General Counsel, (202) 649– 3054 (these are not toll-free numbers), <a href="mailto&#58;mark.laponsky@fhfa.gov">mark.laponsky@fhfa.gov</a>. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877–8339.</p>This proposed rule requires certain financial companies to conduct annual stress tests to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions.11/10/2016 6:57:17 PMSupervision & Regulation / Federal Register / Stress Testing of Regulated Entities entity that falls below the $10 billion threshold to conduct annually the stress test 167https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Stress Testing of Regulated Entities: Extension of Comment Period19494text/html; charset=utf-8 FHFA-Rulemaking<p><strong>SUMMARY&#58;</strong> On October 5, 2012, the Federal Housing Finance Agency (FHFA) published in the <em>Federal Register</em> a notice of proposed rulemaking for public comment concerning stress testing of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the twelve Federal Home Loan Banks (Banks) as required by section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The comment period was to end on November 4, 2012 (the 30th day after publication of the proposal in the <em>Federal Register</em>). This document extends the comment period by an additional 30 days, through and including December 4, 2012, to allow the public additional time to comment on the proposed rule.</p><p><strong>DATES&#58;</strong> Written comments must be received on or before December 4, 2012. For additional information, see the SUPPLEMENTARY INFORMATION section.</p><p><strong>ADDRESSES&#58;</strong> You may submit your comments, identified by regulatory information number (RIN) 2590-AA47, by any of the following methods&#58; </p><ul><li><p><em>Federal eRulemaking Portal&#58; </em><a>www.regulations.gov</a>&#58; Follow the instructions for submitting comments. If you submit your comment to the <em>Federal eRulemaking Portal</em>, please also send it by email to FHFA at <a href="mailto&#58;RegComments@fhfa.gov">RegComments@fhfa.gov</a> to ensure timely receipt by FHFA. Please include &quot;RIN 2590-AA47&quot; in the subject line of the message. </p></li><li><p><em>Email&#58;</em> Comments to Alfred M. Pollard, General Counsel may be sent by email to <a href="mailto&#58;RegComments@fhfa.gov">RegComments@fhfa.gov</a>. Please include &quot;RIN 2590-AA47&quot; in the subject line of the message. </p></li><li><p><em>U.S. Mail, United Parcel Service, Federal Express, or Other Mail Service&#58;</em> The mailing address for comments is&#58; Alfred M. Pollard, General Counsel, Attention&#58; Comments/RIN 2590-AA47, Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024. </p></li><li><p><em>Hand Delivered/Courier&#58;</em> The hand delivery address is&#58; Alfred M. Pollard, General Counsel, Attention&#58; Comments/ RIN 2590-AA47, Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024. The package should be logged at the Guard Desk, First Floor, on business days between 9 a.m. and 5 p.m. </p></li></ul><p><strong>FOR FURTHER INFORMATION CONTACT&#58;</strong> Naa Awaa Tagoe, Senior Associate Director, Office of Financial Analysis, Modeling and Simulations, (202) 649-3140, <a href="mailto&#58;naaawaa.tagoe@fhfa.gov">naaawaa.tagoe@fhfa.gov</a>; Fred Graham, Associate Director, Risk Modeling and Market Analysis, (202) 649-3500, <a href="mailto&#58;fred.graham@fhfa.gov">fred.graham@fhfa.gov</a>; or Mark D. Laponsky, Deputy General Counsel, Office of General Counsel, (202) 649-3054 (these are not toll-free numbers), <a href="mailto&#58;mark.laponsky@fhfa.gov">mark.laponsky@fhfa.gov</a>. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877-8339.</p>On October 5, 2012, FHFA published in the Federal Register a notice of proposed rulemaking for public comment concerning stress testing of Fannie Mae, Freddie Mac and the FHLBanks.11/10/2016 6:57:17 PMrulemaking for public comment concerning stress testing of the Federal National Mortgage Association 160https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Notice of Orders: Reporting by Regulated Entities of Stress Testing Results as of September 30, 2013; Revision and Amendments to the Summary Instructions and Guidance which was issued September 9, 201319589text/html; charset=utf-8 FHFA-Rulemaking<p><strong>​</strong><strong>SUMMARY&#58;</strong> In this document, the Federal Housing Finance Agency (FHFA) is issuing Orders to further supplement the final rule implementing section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), and appeared in the Federal Register of September 26, 2013, at 78 FR 59219. FHFA also is amending the Summary Instructions and Guidance, which accompanied the Orders.</p><p><strong>DATES&#58;</strong> Each Order is effective November 26, 2013.</p><p><strong>FOR FURTHER INFORMATION CONTACT&#58;</strong> Naa Awaa Tagoe, Senior Associate Director, Office of Financial Analysis, Modeling and Simulations, (202) 649-3140, <a href="mailto&#58;naaawaa.tagoe@fhfa.gov">naaawaa.tagoe@fhfa.gov</a>; Stefan Szilagyi, Examination Manager, FHLBank Modeling, FHLBank Risk Modeling Branch, (202) 649-3515, <a href="mailto&#58;stefan.szilagy@fhfa.gov">stefan.szilagy@fhfa.gov</a>; or Mark D. Laponsky, Deputy General Counsel, Office of General Counsel, (202) 649-3054 (these are not toll-free numbers), <a href="mailto&#58;mark.laponsky@fhfa.gov">mark.laponsky@fhfa.gov</a>. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877-8339.</p>4/13/2018 3:32:32 PMFannie Mae; FHLBanks; Freddie Mac Document Number Naa Awaa Tagoe, Senior Associate Director 267https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx
Proposed Amendments to the Stress Testing Rule19600text/html; charset=utf-8 FHFA-Rulemaking<p>​<strong>SUMMARY&#58; </strong>The Federal Housing Finance Agency (FHFA) is proposing amendments to its stress testing rule adopted in 2013 to implement section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The amendments would modify the start date of the stress test cycles from October 1 of a calendar year to January 1 of the following calendar year. The amendments would also modify the dates for FHFA to issue scenarios for the upcoming cycle, the dates for the regulated entities to report the results of their stress tests to FHFA, and the dates for the regulated entities to publicly disclose a summary of their stress test results for the severely adverse scenario. These amendments would align FHFA's rule with rules adopted by other financial institution regulators that implement the Dodd-Frank stress <br>testing requirements.</p>11/10/2016 5:25:42 PMFHFA) is proposing amendments to its stress testing rule adopted in 2013 to implement section institution regulators that implement the Dodd-Frank stress testing requirements 259https://www.fhfa.gov/SupervisionRegulation/Rules/Pages/Forms/AllItems.aspxhtmlFalseaspx

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