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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.

 
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
Timetable:
Action Date FR Cite
Interim Final Rule  07/02/2009  74 FR 31602   
Interim Final Rule Comment Period End  08/31/2009    
NPRM  11/09/2020  85 FR 71276   
NPRM Comment Period End  01/08/2021 
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