Federal Housing Finance Agency – Federal Register Recent Federal Regulation Documents

Proposed Collection; Comment Request
Document Number: 2024-01682
Type: Notice
Date: 2024-01-29
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ``Contractor Workforce Inclusion Good Faith Efforts,'' which has been assigned control number 2590-0016 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on January 31, 2024.
Prudential Management and Operations Standards
Document Number: 2024-00731
Type: Rule
Date: 2024-01-19
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is amending its prudential management and operations standards rule (rule) to clarify that procedural requirements for corrective plans apply to prudential management and operations standards (Standards) established as regulations as well as guidelines, and to make the Office of Finance of the Federal Home Loan Bank System (OF) subject to the rule and some of the existing Standards in the appendix to the rule.
Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment
Document Number: 2024-00874
Type: Rule
Date: 2024-01-18
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is adopting this final rule amending its Rules of Practice and Procedure and other agency regulations to adjust each civil money penalty within its jurisdiction to account for inflation, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions
Document Number: 2024-00491
Type: Notice
Date: 2024-01-12
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) has adjusted the cap on average total assets that is used in determining whether a Federal Home Loan Bank (Bank) member qualifies as a ``community financial institution'' (CFI) to $1,461,000,000, based on the annual percentage increase in the Consumer Price Index for all urban consumers (CPI-U), as published by the Department of Labor (DOL). These changes are effective as of January 1, 2024.
Enterprise Regulatory Capital Framework-Commingled Securities, Multifamily Government Subsidy, Derivatives, and Other Enhancements
Document Number: 2023-26078
Type: Rule
Date: 2023-11-30
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is adopting a final rule that amends several provisions in the Enterprise Regulatory Capital Framework (ERCF) for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The final rule includes modifications related to guarantees on commingled securities, multifamily mortgage exposures secured by government-subsidized properties, and derivatives and cleared transactions, among other items.
Privacy Act of 1974; System of Records
Document Number: 2023-25371
Type: Notice
Date: 2023-11-17
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is proposing to modify the current FHFA system of records titled, ``FHFA-15, Payroll, Retirement, Time and Attendance, and Leave Records'' (System). The system of records allows FHFA to manage human resources and payroll functions for the Agency. This modification is to: update the categories of records collected to include information related to work agreements; update the service provider used to maintain the payroll, retirement, and leave records contained in the system; correct and update the authority for maintaining the system; expand the system's purpose for the records collection; add new record source categories to be compatible with the new categories of records collected; revise and modify the routine uses to be consistent with FHFA's standard routine uses and those specific to this collection; and make other minor corrections and administrative updates to the remaining sections in the notice in accordance with OMB Circular A-108.
Proposed Collection; Comment Request
Document Number: 2023-23067
Type: Notice
Date: 2023-10-19
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as ``Federal Home Loan Bank Capital Stock,'' which has been assigned control number 2590-0002 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on November 30, 2023.
Exception to Restrictions on Private Transfer Fee Covenants for Loans Meeting Certain Duty To Serve Shared Equity Loan Program Requirements
Document Number: 2023-20818
Type: Proposed Rule
Date: 2023-09-26
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is proposing to amend its regulation that restricts its regulated entitiesthe Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises), and the Federal Home Loan Banks (Banks)from purchasing, investing in, accepting as collateral, or otherwise dealing in mortgages on properties encumbered by certain types of private transfer fee covenants (PTFCs), and in related securities, subject to certain exceptions (PTFC Regulation). The proposed rule would establish an additional exception to the restrictions for loans on properties with PTFCs, and related securities, if the loans meet certain shared equity loan program requirements for Resale Restriction Programs in FHFA's Duty to Serve Underserved Markets Regulation (Duty to Serve Regulation).
Proposed Collection; Comment Request
Document Number: 2023-20679
Type: Notice
Date: 2023-09-25
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as ``Members of the Banks,'' which has been assigned control number 2590-0003 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on September 30, 2023.
Request for Applications and Nominations for Members of the Federal Housing Finance Agency Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing
Document Number: 2023-19805
Type: Notice
Date: 2023-09-13
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency is seeking individuals to serve on the Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). It is estimated that the Committee will meet at least twice annually to advise FHFA regarding affordable, equitable, and sustainable housing. Recommendations by the Committee help inform FHFA's perspective on regulatory, guidance, or policy changes that may be necessary to expand affordable, equitable, and sustainable housing, with a focus on FHFA's regulated entities and their respective roles in providing a reliable source of liquidity and funding for housing finance and community investment including both single-family and multifamily housing.
Proposed Collection; Comment Request
Document Number: 2023-16910
Type: Notice
Date: 2023-08-08
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comment concerning an information collection known as ``Federal Home Loan Bank Capital Stock,'' which has been assigned control number 2590-0002 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on November 30, 2023.
Suspended Counterparty Program
Document Number: 2023-14723
Type: Proposed Rule
Date: 2023-07-21
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is proposing to amend the existing Suspended Counterparty Program (SCP) regulation. FHFA proposes to expand the categories of covered misconduct on which a suspension could be based to include sanctions arising from certain forms of civil enforcement. The proposed rule would also eliminate the requirement that any final suspension order be preceded by a proposed suspension order, but only when the suspension is based on an administrative sanction.
Quality Control Standards for Automated Valuation Models
Document Number: 2023-12187
Type: Proposed Rule
Date: 2023-06-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, National Credit Union Administration, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Federal Housing Finance Agency
The OCC, Board, FDIC, NCUA, CFPB, and FHFA (collectively, the agencies) invite comment on a proposed rule to implement the quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) for the use of automated valuation models (AVMs) by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer's principal dwelling. Under the proposal, the agencies would require institutions that engage in certain credit decisions or securitization determinations to adopt policies, practices, procedures, and control systems to ensure that AVMs used in these transactions to determine the value of mortgage collateral adhere to quality control standards designed to ensure a high level of confidence in the estimates produced by AVMs; protect against the manipulation of data; seek to avoid conflicts of interest; require random sample testing and reviews; and comply with applicable nondiscrimination laws.
Proposed Collection; Comment Request
Document Number: 2023-12445
Type: Notice
Date: 2023-06-12
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as ``Members of the Banks,'' which has been assigned control number 2590-0003 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on September 30, 2023.
Privacy Act of 1974; System of Records
Document Number: 2023-12175
Type: Notice
Date: 2023-06-07
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is establishing FHFA-31, ``Biographies'' (System) in order to collect photographs and biographical information of FHFA Office of General Counsel (OGC) personnel, including Federal employees, detailees, and contractors.
Prudential Management and Operations Standards
Document Number: 2023-11604
Type: Proposed Rule
Date: 2023-06-01
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is correcting inadvertent typographical errors in the preamble published in the Federal Register on May 4, 2023, regarding amendments to its regulation governing prudential management and operations standards (the regulation) to correct certain references made to the proposed rule that should have been references to the existing regulation that FHFA is proposing to amend. There are no corrections to the proposed amendments to the regulation text or to the appendix.
Prudential Management and Operations Standards
Document Number: 2023-09320
Type: Proposed Rule
Date: 2023-05-04
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is proposing to amend its prudential management and operations standards Rule (rule) to clarify that FHFA may establish prudential management and operations standards (Standards) as regulations as well as guidelines. The proposed amendments to the rule would also revise definitions and make other conforming changes. FHFA is not proposing to establish new Standards or to revise Standards already established. However, FHFA is proposing that the rule and some of the existing Standards in the appendix to the rule be made applicable to the Office of Finance of the Federal Home Loan Bank System (OF).
Fair Lending, Fair Housing, and Equitable Housing Finance Plans
Document Number: 2023-08602
Type: Proposed Rule
Date: 2023-04-26
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is seeking comments on a proposed rule that would address barriers to sustainable housing opportunities for underserved communities by codifying existing FHFA practices in regulation and adding new requirements related to fair lending, fair housing, and Equitable Housing Finance Plans. The proposed rule would improve FHFA's fulfillment of its statutory purposes and its oversight of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Banks (Banks) (Fannie Mae and Freddie Mac collectively, the Enterprises; the Enterprises and the Banks collectively, regulated entities), and their fulfillment of their statutory purposes.
Enterprise Duty To Serve Underserved Markets-Colonia Census Tract Amendments
Document Number: 2023-08005
Type: Rule
Date: 2023-04-18
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is adopting as final, without change, a proposed rule that amends its Enterprise Duty to Serve Underserved Markets regulation to add a definition of ``colonia census tract,'' to serve as a census tract-based proxy for a ``colonia.'' The final rule also amends the definition of ``high-needs rural region'' in the regulation by substituting ``colonia census tract'' for ``colonia.'' In addition, the final rule revises the definition of ``rural area'' in the regulation to include all colonia census tracts regardless of their location. These changes will make certain activities by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) in all colonia census tracts eligible for Duty to Serve credit. The intent of the changes is to facilitate the Enterprises' ability to operationalize their Duty to Serve activities in colonia census tracts and thereby help increase liquidity in these underserved communities.
Proposed Collection; Comment Request
Document Number: 2023-07863
Type: Notice
Date: 2023-04-14
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as the ``National Survey of Mortgage Originations'' (NSMO), which has been assigned control number 2590-0012 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on June 30, 2023.
Notice of Regulatory Review
Document Number: 2023-07928
Type: Proposed Rule
Date: 2023-04-14
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is issuing a notice of a regulatory review to be conducted in accordance with the process set forth in its Regulatory Review Plan published in February 2012, and is requesting comments on how its regulations may be made more effective and less burdensome.
Enterprise Regulatory Capital Framework-Commingled Securities, Multifamily Government Subsidy, Derivatives, and Other Enhancements
Document Number: 2023-04041
Type: Proposed Rule
Date: 2023-03-13
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is seeking comments on a notice of proposed rulemaking (proposed rule) that would amend several provisions in the Enterprise Regulatory Capital Framework (ERCF) for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The proposed rule would include modifications related to guarantees on commingled securities, multifamily mortgage exposures secured by government-subsidized properties, derivatives and cleared transactions, and credit scores, among other items.
Orders: Reporting by Regulated Entities of Stress Testing Results as of December 31, 2022; Summary Instructions and Guidance
Document Number: 2023-04980
Type: Rule
Date: 2023-03-10
Agency: Federal Housing Finance Agency
In this document, the Federal Housing Finance Agency (FHFA) provides notice that it issued Orders, dated March 7, 2023, with respect to stress test reporting as of December 31, 2022, under section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), as amended by section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). Summary Instructions and Guidance accompanied the Orders to provide testing scenarios.
Prior Approval for Enterprise Products
Document Number: 2023-03805
Type: Rule
Date: 2023-02-24
Agency: Federal Housing Finance Agency
On December 27, 2022, the Federal Housing Finance Agency (FHFA) published in the Federal Register a final rule amending its regulations to implement a provision of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended. The final rule had an effective date of February 27, 2023. FHFA has determined that a delay of the effective date of the final rule by 60 days is appropriate.
Federal Home Loan Bank Community Support Program-Opportunity To Comment on Members Subject to Review
Document Number: 2023-03603
Type: Notice
Date: 2023-02-22
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is announcing that FHFA will review all Federal Home Loan Bank (Bank) members subject to community support review in 2023 under FHFA's community support requirements regulation. This Notice invites the public to comment on the community support performance of members subject to the review.
Privacy Act of 1974; System of Records
Document Number: 2023-03079
Type: Notice
Date: 2023-02-14
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is establishing FHFA-30, ``Advisory Committee Manager System'' (System). This system of records allows FHFA to collect and maintain records submitted to or obtained by FHFA in connection with seeking, choosing, managing, or ending membership on FHFA advisory committees created pursuant to the Federal Advisory Committee Act (FACA).
Proposed Collection; Comment Request
Document Number: 2023-00211
Type: Notice
Date: 2023-01-10
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or Agency), as part of its continuing effort to reduce paperwork and respondent burden, invites public comments on a new information collection titled ``Tech Sprints,'' as required by the Paperwork Reduction Act of 1995 (PRA). This information collection has not yet been assigned a control number by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three- year control number.
Prior Approval for Enterprise Products
Document Number: 2022-27942
Type: Rule
Date: 2022-12-27
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or Agency) is adopting a final rule that establishes a process for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to provide advance notice to the FHFA Director before offering a new activity to the market and to obtain prior approval from the Director before offering a new product to the market.
2023-2024 Multifamily Enterprise Housing Goals
Document Number: 2022-27467
Type: Rule
Date: 2022-12-23
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is issuing a final rule on the multifamily housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2023 and 2024. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. Under FHFA's existing housing goals regulation, the multifamily housing goals for the Enterprises include benchmark levels through the end of 2022 based on the total number of affordable units in multifamily properties financed by mortgage loans purchased by the Enterprise each year. This final rule amends the regulation to establish benchmark levels for the multifamily housing goals for 2023 and 2024 based on a new methodologythe percentage of affordable units in multifamily properties financed by mortgages purchased by the Enterprise each year.
Proposed Collection; Comment Request
Document Number: 2022-26707
Type: Notice
Date: 2022-12-08
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA), as part of its continuing effort to reduce paperwork and respondent burden, invites public comments on an information collection titled the ``Affordable Housing Program,'' as required by the Paperwork Reduction Act of 1995 (PRA). FHFA intends to submit to the Office of Management and Budget (OMB) the information collection (assigned control number 2590-0007 by OMB) for review and approval of a reinstatement of the control number, which has expired.
Proposed Collection; Comment Request
Document Number: 2022-26420
Type: Notice
Date: 2022-12-06
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as the ``National Survey of Mortgage Originations'' (NSMO), which has been assigned control number 2590-0012 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on June 30, 2023.
Proposed Collection; Comment Request
Document Number: 2022-25868
Type: Notice
Date: 2022-11-28
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as ``Community Support Requirements,'' which has been assigned control number 2590-0005 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on September 30, 2023.
Proposed Collection; Comment Request
Document Number: 2022-23828
Type: Notice
Date: 2022-11-02
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or Agency), as part of its continuing effort to reduce paperwork and respondent burden, invites public comments on a new information collection titled ``Tech Sprints,'' as required by the Paperwork Reduction Act of 1995 (PRA). This information collection has not yet been assigned a control number by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three- year control number.
Privacy Act of 1974; System of Records
Document Number: 2022-22426
Type: Notice
Date: 2022-10-17
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is establishing FHFA-29, ``OGC Matter Tracking and Reporting System'' (System) in order to collect information FHFA's Office of General Counsel (OGC) will use to track assignments, projects, and other deliverables.
Enterprise Duty To Serve Underserved Markets Amendments
Document Number: 2022-21404
Type: Proposed Rule
Date: 2022-10-05
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or Agency) is proposing to amend its Enterprise Duty to Serve Underserved Markets regulation to add a definition of ``colonia census tract,'' which would serve as a census tract-based proxy for a ``colonia,'' and to amend the definition of ``high-needs rural region'' in the regulation by substituting ``colonia census tract'' for ``colonia.'' The proposed rule would also revise the definition of ``rural area'' in the regulation to include all colonia census tracts regardless of their location. These changes would make activities by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) in all colonia census tracts eligible for Duty to Serve credit. The intent of the changes is to facilitate the Enterprises' ability to operationalize their Duty to Serve activities and thereby help increase liquidity in these underserved communities.
Notice of Intent To Establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing
Document Number: 2022-18434
Type: Notice
Date: 2022-08-26
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) has determined that it is necessary and in the public interest to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing. A charter has been prepared and will be filed at least 15 days following the date of publication of this notice.
Proposed Collection; Comment Request
Document Number: 2022-17938
Type: Notice
Date: 2022-08-19
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ``Community Support Requirements,'' which has been assigned control number 2590-0005 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on September 30, 2023.
2023-2024 Multifamily Enterprise Housing Goals
Document Number: 2022-17868
Type: Proposed Rule
Date: 2022-08-18
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is issuing a proposed rule with request for comments on the multifamily housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2023 and 2024. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. Under FHFA's existing housing goals regulation, the multifamily housing goals for the Enterprises include benchmark levels through the end of 2022 based on the total number of affordable units in multifamily properties financed by mortgage loans purchased by the Enterprise each year. This proposed rule would amend the regulation to establish benchmark levels for the multifamily housing goals for 2023 and 2024 based on a new methodologythe percentage of affordable units in multifamily properties financed by mortgages purchased by the Enterprise each year.
Privacy Act of 1974; System of Records
Document Number: 2022-17756
Type: Notice
Date: 2022-08-18
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is establishing FHFA-28, ``Government-Sponsored Enterprise Prospective Employee Directory'' (System) in order to collect information FHFA will use to evaluate prospective senior-level employees and executives for the Federal National Mortgage Association (Fannie Mae) and any affiliate thereof and the Federal Mortgage Corporation (Freddie Mac) and any affiliate thereof (collectively, the ``GSEs''), in carrying out the statutory authorities of the Director to oversee the prudential operations of each regulated entity.
Proposed Collection; Comment Request
Document Number: 2022-16855
Type: Notice
Date: 2022-08-05
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA), as part of its continuing effort to reduce paperwork and respondent burden, invites public comments on an information collection titled the ``Affordable Housing Program,'' as required by the Paperwork Reduction Act of 1995 (PRA). FHFA intends to submit to the Office of Management and Budget (OMB) the information collection (assigned control number 2590-0007 by OMB) for review and approval of a three-year extension and reinstatement of the control number, which has expired.
Privacy Act of 1974; System of Records
Document Number: 2022-06310
Type: Notice
Date: 2022-03-25
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Privacy Act of 1974, as amended, (Privacy Act), the Federal Housing Finance Agency (FHFA or Agency) is proposing to modify the current FHFA system of records titled, ``FHFA-18, Reasonable Accommodation and Personal Assistance Services Information System'' (System) in order to collect information related to sincerely held religious beliefs, practices, or observances when necessary to evaluate requests for religious accommodations. FHFA is also publishing this revised system of records to reflect updates to the authorities and to expand the system's purpose, scope of categories of individuals, categories of records, and record source categories. FHFA is also proposing to modify certain routine uses, and make general and administrative updates to the remaining sections in the System.
Orders: Reporting by Regulated Entities of Stress Testing Results as of December 31, 2021; Summary Instructions and Guidance
Document Number: 2022-05437
Type: Rule
Date: 2022-03-16
Agency: Federal Housing Finance Agency
In this document, the Federal Housing Finance Agency (FHFA) provides notice that it issued Orders, dated March 10, 2022, with respect to stress test reporting as of December 31, 2021, under section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), as amended by section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). Summary Instructions and Guidance accompanied the Orders to provide testing scenarios.
Enterprise Regulatory Capital Framework-Prescribed Leverage Buffer Amount and Credit Risk Transfer
Document Number: 2022-04529
Type: Rule
Date: 2022-03-16
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is adopting a final rule (final rule) that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage buffer amount (PLBA or leverage buffer) and credit risk transfer (CRT) securitization framework for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The final rule also makes technical corrections to various provisions of the ERCF that was published on December 17, 2020.
Proposed Collection; Comment Request
Document Number: 2022-04439
Type: Notice
Date: 2022-03-03
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as ``Advances to Housing Associates,'' which has been assigned control number 2590-0001 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on June 30, 2022.
Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment
Document Number: 2022-00361
Type: Rule
Date: 2022-01-12
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is adopting this final rule amending its Rules of Practice and Procedure and other agency regulations to adjust each civil money penalty within its jurisdiction to account for inflation, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions
Document Number: 2022-00197
Type: Notice
Date: 2022-01-10
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) has adjusted the cap on average total assets that is used in determining whether a Federal Home Loan Bank (Bank) member qualifies as a ``community financial institution'' (CFI) to $1,323,000,000, based on the annual percentage increase in the Consumer Price Index for all urban consumers (CPI-U), as published by the Department of Labor (DOL). These changes took effect on January 1, 2022.
2022-2024 Single-Family and 2022 Multifamily Enterprise Housing Goals
Document Number: 2021-28168
Type: Rule
Date: 2021-12-28
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA) is issuing a final rule on the single-family housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2022 through 2024, as well as the multifamily housing goals for 2022. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. The final rule establishes the benchmark levels for each of the single- family housing goals and subgoals for 2022 through 2024. The final rule also replaces the low-income areas subgoal with separate area-based subgoals targeting the individual components of the low-income areas subgoal (minority census tracts and low-income census tracts). The final rule establishes the multifamily housing goals for 2022 only. For the small low-income multifamily subgoal, the final rule establishes separate benchmarks for Fannie Mae and Freddie Mac. Finally, the final rule makes several technical changes to definitions and other provisions to conform the regulation to existing practice.
Proposed Collection; Comment Request
Document Number: 2021-28052
Type: Notice
Date: 2021-12-28
Agency: Federal Housing Finance Agency
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA) is seeking public comments concerning an information collection known as the ``American Survey of Mortgage Borrowers,'' which has been assigned control number 2590-0015 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which expired on March 31, 2021.
Capital Planning and Stress Capital Buffer Determination
Document Number: 2021-27589
Type: Proposed Rule
Date: 2021-12-27
Agency: Federal Housing Finance Agency
The Federal Housing Finance Agency (FHFA or the Agency) is proposing to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise) to submit annual capital plans to the Agency and provide prior notice for certain capital actions (the proposal or proposed rule). The Agency is also incorporating the determination of the stress capital buffer into the capital planning process. The requirements in this proposal are consistent with the regulatory framework for capital planning for large bank holding companies.
Credit Risk Retention-Notification of Determination of Review
Document Number: 2021-27561
Type: Rule
Date: 2021-12-20
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Department of Housing and Urban Development, Securities and Exchange Commission, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Federal Housing Finance Agency
The OCC, Board, FDIC, Commission, FHFA, and HUD (the agencies) are providing notice of the determination of the results of the review of the definition of qualified residential mortgage, the community-focused residential mortgage exemption, and the exemption for qualifying three-to-four unit residential mortgage loans, in each case as currently set forth in the Credit Risk Retention Regulations (as defined below) as adopted by the agencies. After completing the review, the agencies have determined not to propose any change at this time to the definition of qualified residential mortgage, the community-focused residential mortgage exemption, or the exemption for qualifying three- to-four unit residential mortgage loans.
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