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OFHEO RIN: 2550-AA38 Publication ID: Fall 2008 
Title: Risk-Based Capital--Loss Severity, Amendment 
Abstract: OFHEO has amended appendix A, subpart B, of 12 CFR part 1750. This amendment strengthens the risk sensitivity of the Enterprises' risk-based capital requirement by correcting the loss severity equations that currently understate losses on certain defaulted single-family conventional and government guaranteed loans. It also amends treatment of FHA insurance in the econometric model in order to conform the treatment of current law. The final amendments, which also addressed comments, became effective at 72 FR 35893 (June 25, 2008). A correction to the final rule was published at 73 FR 40656 (July 15, 2008). 
Agency: Office of Federal Housing Enterprise Oversight(OFHEO)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1750   
Legal Authority: 12 USC 4513    12 USC 4514    12 USC 4611    12 USC 4612    12 USC 4614    12 USC 4615    12 USC 4618    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/05/2007  72 FR 68655   
NPRM Comment Period End  03/04/2008    
Final Action  06/25/2008  73 FR 35893   
Correction  07/15/2008  73 FR 40656   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.ofheo.gov   Public Comment URL: www.ofheo.gov  
RIN Data Printed in the FR: No 
Related RINs: Related to 2550-AA35, Related to 2550-AA26, Related to 2550-AA23 
Agency Contact:
David A. Felt
Deputy General Counsel
Office of Federal Housing Enterprise Oversight
1700 G Street NW,
Washington, DC 20552
Phone:202 414-3750