83 FR 38085 - Enterprise Capital Requirements

FEDERAL HOUSING FINANCE AGENCY
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Office of Federal Housing Enterprise Oversight

Federal Register Volume 83, Issue 150 (August 3, 2018)

Page Range38085-38086
FR Document2018-16654

On July 17, 2018, the Federal Housing Finance Agency (FHFA) published in the Federal Register a notice of proposed rulemaking for public comment that proposes a new regulatory capital framework for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). The comment period was set to expire on September 17, 2018. This notice extends the comment period by an additional 60 days to allow the public additional time to comment on the proposed rule.

Federal Register, Volume 83 Issue 150 (Friday, August 3, 2018)
[Federal Register Volume 83, Number 150 (Friday, August 3, 2018)]
[Proposed Rules]
[Pages 38085-38086]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-16654]


-----------------------------------------------------------------------

FEDERAL HOUSING FINANCE AGENCY

12 CFR Parts 1206 and 1240

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Part 1750

RIN 2590-AA95


Enterprise Capital Requirements

AGENCY: Federal Housing Finance Agency; Office of Federal Housing 
Enterprise Oversight; Department of Housing and Urban Development.

ACTION: Notice of proposed rulemaking; extension of comment period.

-----------------------------------------------------------------------

SUMMARY: On July 17, 2018, the Federal Housing Finance Agency (FHFA) 
published in the Federal Register a notice of proposed rulemaking for 
public comment that proposes a new regulatory capital framework for the 
Federal National Mortgage Association (Fannie Mae) and the Federal Home 
Loan Mortgage Corporation (Freddie Mac). The comment period was set to 
expire on September 17, 2018. This notice extends the comment period by 
an additional 60 days to allow the public additional time to comment on 
the proposed rule.

DATES: The comment period for the proposed rule published at 83 FR 
33312 (July 17, 2018) is extended. Written comments must be received on 
or before November 16, 2018.

ADDRESSES: You may submit your comments on the proposed rule, 
identified by regulatory information

[[Page 38086]]

number (RIN) 2590-AA95, by any one of the following methods:
     Agency website: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by FHFA. 
Include the following information in the subject line of your 
submission: Comments/RIN 2590-AA95.
     Hand Delivered/Courier: The hand delivery address is: 
Alfred M. Pollard, General Counsel, Attention: Comments/RIN 2590-AA95, 
Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW, 
Washington, DC 20219. Deliver the package at the Seventh Street 
entrance Guard Desk, First Floor, on business days between 9 a.m. and 5 
p.m.
     U.S. Mail, United Parcel Service, Federal Express, or 
Other Mail Service: The mailing address for comments is: Alfred M. 
Pollard, General Counsel, Attention: Comments/RIN 2590-AA95, Federal 
Housing Finance Agency, Eighth Floor, 400 Seventh Street SW, 
Washington, DC 20219. Please note that all mail sent to FHFA via U.S. 
Mail is routed through a national irradiation facility, a process that 
may delay delivery by approximately two weeks. For any time-sensitive 
correspondence, please plan accordingly.

FOR FURTHER INFORMATION CONTACT: Naa Awaa Tagoe, Senior Associate 
Director, Office of Financial Analysis, Modeling & Simulations, (202) 
649-3140, [email protected]; Andrew Varrieur, Associate Director, 
Office of Financial Analysis, Modeling & Simulations, (202) 649-3141, 
[email protected]; or Miriam Smolen, Associate General Counsel, 
Office of General Counsel, (202) 649-3182, [email protected]. 
These are not toll-free numbers. The mailing address is: Federal 
Housing Finance Agency, 400 Seventh Street SW, Washington, DC 20219. 
The telephone number for the Telecommunications Device for the Hearing 
Impaired is (800) 877-8339.

SUPPLEMENTARY INFORMATION:

Comments

    FHFA invites comments on all aspects of the proposed rule and will 
take all comments into consideration before issuing a final rule. 
Copies of all comments will be posted without change, and will include 
any personal information you provide such as your name, address, email 
address, and telephone number, on the FHFA website at http://www.fhfa.gov. In addition, copies of all comments received will be 
available for examination by the public through the electronic 
rulemaking docket for this proposed rule also located on the FHFA 
website.

Background

    On July 17, 2018, FHFA published in the Federal Register a proposed 
rule proposing a new regulatory capital framework for Fannie Mae and 
Freddie Mac which includes a new framework for risk-based capital 
requirements and two alternatives for an updated minimum leverage 
capital requirement. See 83 FR 33312. The comment period for the 
proposed rule was originally set to expire on September 17, 2018. FHFA 
is extending the comment period an additional 60 days, changing the 
deadline for submitting comments to November 16, 2018.

    Dated: July 30, 2018.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2018-16654 Filed 8-2-18; 8:45 am]
 BILLING CODE 8070-01-P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionProposed Rules
ActionNotice of proposed rulemaking; extension of comment period.
DatesThe comment period for the proposed rule published at 83 FR 33312 (July 17, 2018) is extended. Written comments must be received on or before November 16, 2018.
ContactNaa Awaa Tagoe, Senior Associate Director, Office of Financial Analysis, Modeling & Simulations, (202) 649-3140, [email protected]; Andrew Varrieur, Associate Director, Office of Financial Analysis, Modeling & Simulations, (202) 649-3141, [email protected]; or Miriam Smolen, Associate General Counsel, Office of General Counsel, (202) 649-3182, [email protected]
FR Citation83 FR 38085 
RIN Number2590-AA95
CFR Citation12 CFR 1206
12 CFR 1240
12 CFR 1750

2024 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR