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FHFA RIN: 2590-AA98 Publication ID: Spring 2019 
Title: Validation and Approval of Credit Score Models 
Abstract:

The final rule would implement Section 310 of the Economic Growth, Regulatory Relief, and Consumer Protection Act.  Section 310 requires the Federal Housing Finance Agency to publish regulations establishing standards and criteria for a process for Freddie Mac and Fannie Mae to validate and approve credit score models.

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1254   
Legal Authority: Pub. L. 115-174, sec. 310   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Proposed Rulemaking  12/21/2018  83 FR 65575   
NPRM Comment Period End  03/21/2019 
Final Rule  09/00/2019 
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.fhfa.gov; www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Kevin Sheehan
Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3086
Email: kevin.sheehan@fhfa.gov

Ellen Bailey
Managing Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3056
Email: ellen.bailey@fhfa.gov