Federal Housing Finance Agency July 12, 2012 – Federal Register Recent Federal Regulation Documents

On June 15, 2012, the Federal Housing Finance Agency (FHFA) published in the Federal Register a notice of proposed rulemaking for public comment concerning underwriting standards for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), relating to mortgage assets affected by Property Assessed Clean Energy (PACE) programs. The comment period was to end on July 30, 2012 (45 days after publication of the proposal in the Federal Register). This document extends the comment period to September 13, 2012 to allow the public additional time to comment on the proposed rule.