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FHFA

RIN: 2590-AA22

Publication ID: Spring 2009

Title: ●Portfolio Holdings
Abstract: The Federal Housing Finance Agency (FHFA) issued an Interim Final Rule governing the portfolio holdings of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) pursuant to Public Law 110-289, sec 1109, 12 U.S.C. 4624. The issuance of this interim final rule and publication in the Federal Register serve to comply with the formal requirement in the Housing Economic Reform Act of 2008 (HERA) that FHFA issue regulations within 180 days of the effective date of the Act. Public Law 110-289, sec 1109(b). Comments have been solicited on the regulation and other issues and questions set forth in this Interim Final Rule to give the public an opportunity to comment on criteria governing Enterprise portfolio holdings that will apply at such time as the Enterprises are no longer subject to Stock Purchase Agreements that establish holdings criteria.
Agency: Federal Housing Finance Agency(FHFA)	Priority: Info./Admin./Other
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 1252
Legal Authority: 12 USC 4624

Legal Deadline:

Action	Source	Description	Date
Final	Statutory	HERA, PL 110-289, 122 Stat 2456 mandate to issue rule by 180 days after enactment	07/30/2008

Timetable:

Action	Date	FR Cite
Interim Final Rule	01/30/2009	74 FR 5609
Interim Final Rule Effective	01/30/2009	74 FR 5609
Interim Final Rule Comment Period End	06/01/2009
Final Action	To Be Determined

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, www.fhfa.gov	Public Comment URL: www.regulations.gov, or by email: RegComments@fhfa.gov
RIN Data Printed in the FR: No
Agency Contact: Ming-Yuen Meyer-Fong Associate General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3078 Email: ming-yuen.meyer-fong@fhfa.gov