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FHFA RIN: 2590-AA40 Publication ID: Fall 2013 
Title: Removal of References to Credit Ratings in Certain Regulations Governing the Federal Home Loan Banks 
Abstract: The final rule would change certain regulations applicable to the Federal Home Loan Banks to remove references to, or requirements based on, credit ratings issued by nationally recognized statistical rating organizations (NRSROs). The rulemaking would also adopt new credit worthiness standards, not based on NRSRO ratings, to replace these references or requirements. The action is being undertaken in response to requirements in section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act. 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 932    12 CFR 955 and 956    12 CFR 966    12 CFR 1269 and 1273    12 CFR 1720    12 CFR 1750   
Legal Authority: 12 USC 4511(b)    12 USC 4526   
Legal Deadline:
Action Source Description Date
Final  Statutory    07/21/2011 
Timetable:
Action Date FR Cite
ANPRM  01/31/2011  76 FR 5292   
ANPRM Comment Period End  03/17/2011    
NPRM  05/23/2013  78 FR 30784   
NPRM Comment Period End  07/22/2013 
Final Action  11/00/2013 
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; www.fhfa.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Thomas E. Joseph
Senior Attorney Advisor
Federal Housing Finance Agency
400 Seventh Street SW.,
Washington, DC 20219
Phone:202 649-3076
TDD Phone:800 877-8339
Email: thomas.joseph@fhfa.gov