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FHFA | RIN: 2590-AA17 | Publication ID: Fall 2020 |
Title: Prior Approval of Enterprise Products | |
Abstract:
The proposed rule would implement the Director's authority, found at section 1321 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (12 U.S.C. 4501 et seq.), to establish a process for Freddie Mac and Fannie Mae to obtain prior approval from the Director to approve a new product and to provide prior notice of a new activity. An interim final rule on this subject at 12 CFR 1253, 74 FR 31602 (July 2, 2009) is currently in effect. The proposed rule, when final, would replace the interim final rule. |
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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: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 1253 | |
Legal Authority: 12 U.S.C. 4526 12 U.S.C. 4541 |
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 |
RIN Data Printed in the FR: No | |
Agency Contact: Miriam Smolen Associate General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3182 TDD Phone:800 877-8339 Email: miriam.smolen@fhfa.gov |