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FHFA | RIN: 2590-AB15 | Publication ID: Spring 2021 |
Title: ●Enterprise Requirements for Seller/Servicer Eligibility | |
Abstract:
Section 1313B of the Safety and Soundness Act (12 U.S.C. 4513b) requires the Director to establish prudential management and operations standards for the regulated entities, including standards for the management of counterparty risk, and authorizes the Director to establish other standards determined to be appropriate. This rule would establish minimum standards for financial eligibility of Enterprise seller/servicers, requirements for compliance monitoring by the Enterprises, and requirements for data and data access for compliance monitoring by the Enterprises and by FHFA. |
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Agency: Federal Housing Finance Agency(FHFA) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 12 CFR 1246 | |
Legal Authority: 12 U.S.C. 4513b 12 U.S.C. 4513 12 U.S.C. 4526 |
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.fhfa.gov; www.regulations.gov |
RIN Data Printed in the FR: No | |
Agency Contact: Kevin Silva Supervisory Financial Analyst, Office of Housing and Community Investment, DHMG Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 649-3166 TDD Phone:800 877-8339 Email: kevin.silva@fhfa.gov Dinah Knight Assistant General Counsel Federal Housing Finance Agency 400 Seventh Street SW, Washington, DC 20219 Phone:202 748-7801 Email: dinah.knight@fhfa.gov |