80 FR 63996 - Sunshine Act Meeting

FEDERAL ELECTION COMMISSION

Federal Register Volume 80, Issue 204 (October 22, 2015)

Page Range		63996-63996
FR Document		2015-27087

Federal Register, Volume 80 Issue 204 (Thursday, October 22, 2015)

[Federal Register Volume 80, Number 204 (Thursday, October 22, 2015)]
[Notices]
[Page 63996]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-27087]


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FEDERAL ELECTION COMMISSION


Sunshine Act Meeting

AGENCY: Federal Election Commission.

TIME AND DATE: Tuesday, October 27, 2015, at 10:00 a.m. and Thursday, 
October 29, 2015, at the conclusion of the open meeting.

PLACE: 999 E Street NW., Washington, DC.

STATUS: This meeting will be closed to the public.

MATTERS TO BE DISCUSSED: Compliance matters pursuant to 52 U.S.C. 
30109. Matters concerning participation in civil actions or proceeding, 
or arbitration.
* * * * *

CONTACT PERSON FOR MORE INFORMATION:  Judith Ingram, Press Officer, 
Telephone: (202) 694-1220.

Shelley E. Garr,
Deputy Secretary.
[FR Doc. 2015-27087 Filed 10-20-15; 4:15 pm]
BILLING CODE 6715-01-P

63996 Federal Register / Vol. 80, No. 204 / Thursday, October 22, 2015 / Notices

for public inspection at the EPA ACTION: Final notice. considerations FHFA found most
Superfund Record Center, 1595 compelling in choosing the index.
Wynkoop Denver, Colorado, by SUMMARY: On May 27, 2015, the Federal Identifying the seasonally adjusted,
appointment. Housing Finance Agency (FHFA) expanded-data HPI for the U.S. as the
published a Notice and Request for selected index, the Notice invited public
FOR FURTHER INFORMATION CONTACT: Input (Notice) describing a method for
Steven Moores, Enforcement Attorney, input and provided for an input period
assessing the national average single- that extended through July 27, 2015.
Legal Enforcement Program, family house price for use in adjusting This Final Notice summarizes the input
Environmental Protection Agency- the maximum conforming loan limits of submissions received and responds to
Region 8, Mail Code 8ENF–L, 1595 Fannie Mae and Freddie Mac (the questions and concerns that were raised
Wynkoop Street, Denver, Colorado ‘‘Enterprises’’). The Notice responded to in the submissions.
80202, (303) 312–6857. Comments and section 1322 of the Federal Housing
requests for a copy of the proposed Enterprises Financial Safety and B. Overview of Input Submissions
agreement should be addressed to Soundness Act of 1992 (12 U.S.C. 4501 Received
Sharon Abendschan, Enforcement et seq.) (‘‘Safety and Soundness Act’’) FHFA received a total of 20
Specialist, Environmental Protection which required FHFA to ‘‘establish and submissions in response to the Notice.
Agency—Region 8, Mail Code 8ENF– maintain a method of assessing the Submissions were received from private
RC, 1595 Wynkoop Street, Denver, national average 1-family house price citizens, trade associations, a think tank,
Colorado 80202 and should reference for use in adjusting the conforming loan and one private company. Twelve of the
the Rocky Flats Industrial Park limitations.’’ The Notice indicated that submissions did not address the issue
Superfund Site, Jefferson County, FHFA intends to use its existing on which input had been requested: the
Colorado. ‘‘expanded-data’’ house price index appropriateness of the chosen home
Suzanne Bohan, (HPI) for such purpose and invited price measure. In most cases, these
Assistant Regional Administrator, Office of public feedback. submissions opined on the desirability
Enforcement, Compliance and Environmental In line with the proposal in the of having higher conforming loan limits,
Justice, U.S. Environmental Protection original Notice, after reviewing the rather than FHFA’s choice of index.
Agency, Region VIII. public feedback, FHFA has decided to In general, the eight responsive
[FR Doc. 2015–26938 Filed 10–21–15; 8:45 am] use the expanded-data HPI for annual submissions were favorable to FHFA’s
BILLING CODE 6560–50–P
loan-limit adjustment. Specifically, proposed use of its expanded-data index
FHFA will use the seasonally adjusted, for loan limit adjustment. Most
expanded-data HPI for the United submissions supported the basic
States. underlying methodology used in the
FEDERAL ELECTION COMMISSION
index construction and appreciated the
DATES: Effective Date: October 22, 2015.
Sunshine Act Meeting breadth of the data sample used in
FOR FURTHER INFORMATION CONTACT:
forming the index. More generally,
AGENCY: Federal Election Commission. Questions about the expanded-data HPI submitters agreed that reliance on an
and the implementation of the agency-produced measure (as opposed
TIME AND DATE: Tuesday, October 27,
conforming loan limit rules can be to a privately produced index) would be
2015, at 10:00 a.m. and Thursday,
addressed to Andrew Leventis, beneficial in that it would ensure
October 29, 2015, at the conclusion of
Principal Economist, 202–649–3199, continued publication of the reference
the open meeting.
Andrew.Leventis@fhfa.gov, or Jamie index. They also concurred with
PLACE: 999 E Street NW., Washington, Schwing, Associate General Counsel,
DC. FHFA’s belief that its control over the
202–649–3085, Jamie.Schwing@ reference index would ensure that
STATUS: This meeting will be closed to fhfa.gov, (not toll-free numbers), Federal undesirable modifications to
the public. Housing Finance Agency, 400 Seventh methodology would not be made (as
MATTERS TO BE DISCUSSED: Compliance Street SW., Washington, DC 20024. might happen if the agency relied on an
matters pursuant to 52 U.S.C. 30109. SUPPLEMENTARY INFORMATION: external measure of home prices).
Matters concerning participation in civil Five of the eight responsive
A. Background
actions or proceeding, or arbitration. submissions were generally supportive
* * * * * The ‘‘Notice of the Establishment of of the use of the expanded-data index
Housing Price Index’’ that FHFA issued as-is. The remaining three did not object
CONTACT PERSON FOR MORE INFORMATION:
in May 1 announced that the agency to the use of the expanded-data index,
Judith Ingram, Press Officer, Telephone:
intended to use its expanded-data HPI but suggested modifications to the
(202) 694–1220.
for the purpose of satisfying section process or augmentations. In particular,
Shelley E. Garr, 1322 (12 U.S.C. 4542) of the Safety and the proposed adjustments recommended
Deputy Secretary. Soundness Act.2 Section 1322 requires the use of multiple price indexes and,
[FR Doc. 2015–27087 Filed 10–20–15; 4:15 pm] FHFA to ‘‘establish and maintain’’ a in one case, the consideration of other
BILLING CODE 6715–01–P
house price index that tracks the mortgage market factors.
average U.S. home price. May’s Notice For the purpose of summarizing and
detailed FHFA’s rationale for the choice addressing the responsive submissions
FEDERAL HOUSING FINANCE of the expanded-data index over other received, this Final Notice divides them
AGENCY measures. The Notice discussed the into two groups: ‘‘Supportive’’ and
advantages and disadvantages of several
tkelley on DSK3SPTVN1PROD with NOTICES

‘‘Other.’’ This classification is for
[No. 2015–N–10] metrics and outlined the various convenience; as will be clear in the
Notice of Establishment of Housing discussion, responses in both categories
1 See 80 FR 30237 (May 27, 2015).
Price Index 2 Section
were not uniform. For instance, in some
1124(d) of the Housing and Economic
Recovery Act of 2008 (HERA), 122 Stat. 2693,
cases, the ‘‘Supportive’’ submissions
AGENCY: Federal Housing Finance amended the Safety and Soundness Act to include included questions or expressed modest
Agency. this section. concerns. Meanwhile, the ‘‘Other’’

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Document Created: 2015-12-14 15:34:08
Document Modified: 2015-12-14 15:34:08

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Dates		Tuesday, October 27, 2015, at 10:00 a.m. and Thursday, October 29, 2015, at the conclusion of the open meeting.
FR Citation		80 FR 63996