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HUD/OH RIN: 2502-AI91 Publication ID: Spring 2011 
Title: Approval of Farm Credit System Lending Institutions in FHA Mortgage Insurance Program (FR-5416) 
Abstract: This proposed rule would amend HUD regulations to enable the financial institutions of the Farm Credit System to seek approval to participate in the Federal Housing Administration (FHA) mortgage insurance programs as approved mortgagees and lenders. Recent difficulties in mortgage finance markets have reduced the availability of housing credit in rural areas. HUD proposes to extend FHA mortgagee and lender eligibility to the Farm Credit System to provide an additional avenue for mortgage financing in these areas. Participation in the FHA programs may better enable the financial institutions of the Farm Credit System to provide sound and dependable mortgage credit to American farmers, ranchers, producers or harvesters of aquatic products, their cooperatives, and farm-related businesses. 
Agency: Department of Housing and Urban Development(HUD)  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: 24 CFR 202.10   
Legal Authority: 12 USC 1703, 1709 and 1715b    42 USC 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Nathan Shultz
Department of Housing and Urban Development
Office of Housing
451 7th Street SW.,
Washington, DC 20410
Phone:202 708-1515