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| FHFA | RIN: 2590-AA17 | Publication ID: Spring 2011 |
| Title: Prior Approval for Enterprise Products | |
| Abstract: This regulation implements the statutory authority of the Director, found at section 1321 of the amended Safety and Soundness Act of 1992. This charges the Director to review Enterprise new activities and new products for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation before those new activities and new products may be undertaken. Key requirements set forth will clearly describe the approval authority of the Director before any new activity or new product can be undertaken; the process and standards for considering and approving notices of new activities; for determining whether the new activity is a new product; and for approving new products. | |
| Agency: Federal Housing Finance Agency(FHFA) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 1253 | |
| Legal Authority: 12 USC 4541 12 USC 4526 | |
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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 or by email: RegComments@fhfa.gov |
| RIN Data Printed in the FR: No | |
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Agency Contact: Carol Connelly Federal Housing Finance Agency 1700 G Street NW., Washington, DC 20552 Phone:202 414-8910 TDD Phone:800 877-8339 Email: carol.connelly@fhfa.gov 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 |
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