Department of Housing and Urban Development June 25, 2008 – Federal Register Recent Federal Regulation Documents
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Notice of Funding Opportunity (NOFA) for HOME Investment Partnership Program (HOME)-Competitive Reallocation of CHDO Funds To Provide for Energy Efficient and Environmentally-Friendly Housing for Low-Income Families; Correction
On May 16, 2008, HUD published its NOFA for the Competitive Reallocation of Community Housing Development Organizations (CHDO) Funds to Provide for Energy Efficient and Environmentally-Friendly Housing for Low-Income Families. Today's notice corrects the OMB control number as set out in the May 16, 2008 publication.
Revisions to the Hospital Mortgage Insurance Program: Technical and Clarifying Amendments
On November 28, 2007, HUD published a final rule revising HUD's regulations on mortgage insurance for hospitals. This publication corrects certain non-substantive errors and omissions that occurred in the final rule, as well as makes certain additional amendments designed to enhance clarity of certain of the rule's provisions.
Risk-Based Capital Regulation-Loss Severity Amendments
The Office of Federal Housing Enterprise Oversight (OFHEO) is amending its regulations related to Risk-Based Capital (Risk-Based Capital Regulation) to enhance the transparency, sensitivity to risk, and accuracy of the calculation of the risk-based capital requirement for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). OFHEO is amending the Risk-Based Capital Regulation by changing the current loss severity equations that understate losses on defaulted single-family conventional and government guaranteed loans and by changing the treatment of Federal Housing Administration insurance in the Risk-Based Capital Regulation to conform the treatment to current law.
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