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FHFA | RIN: 2590-AA27 | Publication ID: Fall 2015 |
Title: Enterprise Duty To Serve Underserved Markets | |
Abstract:
This rule would implement section 1129 of the Housing and Economic Recovery Act of 2008 (HERA), which amended section 1335 of the Federal Housing Enterprises Financial Safety and Soundness Act (Safety and Soundness Act) (12 U.S.C. 4565). The amended section provides that the Director shall establish a manner for evaluating whether and the extent to which the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) have complied with the new duty to serve underserved markets. |
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Agency: Federal Housing Finance Agency(FHFA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 1282 | |
Legal Authority: 12 U.S.C. 4501 to 4502 12 U.S.C. 4511 12 U.S.C. 4526 12 U.S.C. 4561-4566 12 U.S.C. 4573 12 U.S.C. 4603 |
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.fhfa.gov; www.regulations.gov | Public Comment URL: www.regulations.gov; www.fhfa.gov |
RIN Data Printed in the FR: No | |
Agency Contact: Lyn Abrams Assistant General Counsel Federal Housing Finance Agency 400 Seventh Street SW., Washington, DC 20219 Phone:202 649-3059 TDD Phone:800 877-8339 Email: joylyn.abrams@fhfa.gov Sharon Like Managing Associate General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3057 Email: sharon.like@fhfa.gov |