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OFHEO | RIN: 2550-AA40 | Publication ID: Fall 2008 |
Title: Rules of Practice and Procedure, Amendment | |
Abstract: The Office of Federal Housing Enterprise Oversight (OFHEO) intended to issue this notice of proposed rulemaking to solicit comments on proposed revisions to certain provisions in the agencys existing Rules of Practice and Procedure to be followed when OFHEO initiates an administrative enforcement action and conducts a hearing on the record as required by law. The existing rule implements the provisions of subtitle C of title XIII of the Housing and Community Development Act of 1992, known as the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, regarding hearings on the record in certain enforcement actions against the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation (collectively, the Enterprises), or directors or executive officers of the Enterprises. The proposed revisions were intended to clarify certain provisions and to provide OFHEO personnel, the Enterprises, the Enterprises' directors and executive officers, and other interested parties, with the clear guidance necessary to prepare for and participate in the administrative enforcement action process, and to increase the efficiency and transparency of administrative hearings. The proposed revisions are another component of OFHEOs regulatory review program. For reasons stated in the preamble, OFHEO is withdrawing this proposed rulemaking. | |
Agency: Office of Federal Housing Enterprise Oversight(OFHEO) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 1780 | |
Legal Authority: 12 USC 4501 12 USC 4513(b) 12 USC 4517 12 USC 4521 12 USC 4631 to 4641 ... |
Legal Deadline:
None |
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Timetable:
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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.regulations.gov | Public Comment URL: www.ofheo.gov |
RIN Data Printed in the FR: No | |
Related RINs: Previously reported as 2550-AA16, Previously reported as 2550-AA04 | |
Agency Contact: Alfred M. Pollard General Counsel Office of Federal Housing Enterprise Oversight 1700 G Street NW, Washington, DC 20552 Phone:202 414-3788 Fax:202 414-6504 Email: apollard@ofheo.gov |