83 FR 43965 - Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment

FEDERAL HOUSING FINANCE AGENCY

Federal Register Volume 83, Issue 168 (August 29, 2018)

Page Range		43965-43968
FR Document		2018-18517
The Federal Housing Finance Agency (FHFA) is issuing 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.
Federal Register, Volume 83 Issue 168 (Wednesday, August 29, 2018)
[Federal Register Volume 83, Number 168 (Wednesday, August 29, 2018)]
[Rules and Regulations]
[Pages 43965-43968]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-18517]


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FEDERAL HOUSING FINANCE AGENCY

12 CFR Parts 1209, 1217, and 1250

RIN 2590-AA93


Rules of Practice and Procedure; Civil Money Penalty Inflation 
Adjustment

AGENCY: Federal Housing Finance Agency.

ACTION: Final rule.

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

SUMMARY: The Federal Housing Finance Agency (FHFA) is issuing 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.

DATES: Effective date: September 28, 2018.

FOR FURTHER INFORMATION CONTACT: Stephen E. Hart, Deputy General 
Counsel, at (202) 649-3053, [email protected], or Frank R. Wright, 
Assistant General Counsel, at (202) 649-3087, [email protected] 
(not toll-free numbers); Federal Housing Finance Agency, 400 7th Street 
SW, Washington, DC 20219. The telephone number for the 
Telecommunications Device for the Hearing Impaired is: (800) 877-8339 
(TDD only).

SUPPLEMENTARY INFORMATION: 

I. Background

    FHFA is an independent agency of the Federal government, and the 
financial safety and soundness regulator of the Federal National 
Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage 
Corporation (Freddie

[[Page 43966]]

Mac) (collectively, the Enterprises), as well as the Federal Home Loan 
Banks (collectively, the Banks) and the Office of Finance under 
authority granted by the Federal Housing Enterprises Financial Safety 
and Soundness Act of 1992 (Safety and Soundness Act).\1\ FHFA oversees 
the Enterprises and Banks (collectively, the regulated entities) and 
the Office of Finance to ensure that they operate in a safe and sound 
manner and maintain liquidity in the housing finance market in 
accordance with applicable laws, rules and regulations. To that end, 
FHFA is vested with broad supervisory discretion and specific civil 
administrative enforcement powers, similar to such authority granted by 
Congress to the Federal bank regulatory agencies.\2\ Section 1376 of 
the Safety and Soundness Act (12 U.S.C. 4636) empowers FHFA to impose 
civil money penalties under specific conditions. FHFA's Rules of 
Practice and Procedure regulation (12 CFR part 1209) govern cease and 
desist proceedings, civil money penalty assessment proceedings, and 
other administrative adjudications.\3\ FHFA's Flood Insurance 
regulation (12 CFR part 1250) governs flood insurance responsibilities 
as they pertain to the Enterprises.\4\ FHFA's Implementation of the 
Program Fraud Civil Remedies Act of 1986 regulation (12 CFR part 1217) 
sets forth procedures for imposing civil penalties and assessments 
under the Program Fraud Civil Remedies Act (31 U.S.C. 3801 et seq.) on 
any person that makes a false claim for property, services or money 
from FHFA, or makes a false material statement to FHFA in connection 
with a claim, where the amount involved does not exceed $150,000.\5\
---------------------------------------------------------------------------

    \1\ See Safety and Soundness Act, 12 U.S.C. 4513 and 4631-4641.
    \2\ Id.
    \3\ See 12 CFR part 1209.
    \4\ See 12 CFR part 1250.
    \5\ See generally, 31 U.S.C. 3801 et seq.
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II. The Adjustment Improvements Act

    The Federal Civil Penalties Inflation Adjustment Act of 1990 
(``Inflation Adjustment Act''), as amended by the Federal Civil 
Penalties Inflation Adjustment Act Improvements Act of 2015 
(``Adjustment Improvements Act''), requires FHFA, as well as other 
Federal agencies with the authority to issue civil money penalties 
(CMPs), to adjust by regulation the maximum amount of each CMP 
authorized by law that the agency has jurisdiction to administer.\6\ 
The Adjustment Improvements Act required agencies to make an initial 
``catch-up'' adjustment of their CMPs upon the statute's enactment, and 
further requires agencies to make additional adjustments on an annual 
basis following the initial adjustment.\7\
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    \6\ See 28 U.S.C. 2461 note.
    \7\ FHFA promulgated its catch-up adjustment of its CMPs with an 
interim final rule published July 1, 2016. 81 FR 43028.
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    Annual inflation adjustments under the Adjustment Improvements Act 
are based on the percent change between the October Consumer Price 
Index for All Urban Consumers (the CPI-U) preceding the date of the 
adjustment and the October CPI-U for the year before that.

III. Description of the Rule

    This final rule adjusts the maximum penalty amount within each of 
the three tiers specified in 12 U.S.C. 4636 by amending the table 
contained in 12 CFR 1209.80 to reflect the new adjusted maximum penalty 
amount that FHFA may impose upon a regulated entity or any entity-
affiliated party within each tier. The increases in maximum penalty 
amounts contained in this final rule may not necessarily affect the 
amount of any CMP that FHFA may seek for a particular violation, which 
may not be the maximum that the law allows; FHFA would calculate each 
CMP on a case-by-case basis in light of a variety of factors.\8\ This 
rule also adjusts the maximum penalty amounts for violations under the 
FHFA Flood Insurance regulation by amending the text of 12 CFR 1250.3 
to reflect the new adjusted maximum penalty amount that FHFA may impose 
for violations under that regulation. This rule also adjusts the 
maximum amounts for civil money penalties under the Program Fraud Civil 
Remedies Act by amending the text of 12 CFR 1217.3 to reflect the new 
adjusted maximum penalty amount that FHFA may impose for violations 
under that regulation.
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    \8\ See, e.g., 12 CFR 1209.7(c); FHFA Enforcement Policy, AB 
2013-03 (May 31, 2013).
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    The Adjustment Improvements Act directs federal agencies to 
calculate each annual CMP adjustment as the percent change between the 
CPI-U for the previous October and the CPI-U for October of the 
calendar year before.\9\ The maximum CMP amounts for FHFA penalties 
under 12 U.S.C. 4636 were last adjusted in 2016.\10\ Since FHFA is 
making this round of adjustments in calendar year 2018, and the maximum 
CMP amounts were last set in calendar year 2016, the inflation 
adjustment amount for each maximum CMP amount was calculated by 
comparing the CPI-U for October 2015 with the CPI-U for October 2016, 
resulting in an inflation factor of 1.01636, and then comparing the 
CPI-U for October 2016 with the CPI-U for October 2017, resulting in an 
inflation factor of 1.02041. For each maximum CMP calculation, the 
product of this inflation adjustment and the previous maximum penalty 
amount was then rounded to the nearest whole dollar as required by the 
Adjustment Improvements Act, to determine the new adjusted maximum 
penalty amount.\11\ The table below sets out these items accordingly.
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    \9\ This final rule will incorporate the annual inflation 
adjustments for 2017 and 2018 by performing the calculation for 
2017, and applying the 2018 adjustment to that amount.
    \10\ See 81 FR 43028, 43030 (July 1, 2016).
    \11\ 28 U.S.C. 2461 note.

----------------------------------------------------------------------------------------------------------------
                                                                     Previous         Rounded      New adjusted
          U.S. Code citation                   Description            maximum        inflation        maximum
                                                                  penalty amount     increase     penalty amount
----------------------------------------------------------------------------------------------------------------
12 U.S.C. 4636(b)(1)..................  First Tier..............         $10,982            $408         $11,390
12 U.S.C. 4636(b)(2)..................  Second Tier.............          54,910           2,037          56,947
12 U.S.C. 4636(b)(4)..................  Third Tier (Entity-            2,196,380          81,495       2,277,875
                                         affiliated party and
                                         Regulated entity).
----------------------------------------------------------------------------------------------------------------

    Similarly, the CMP for FHFA penalties under the Program Fraud Civil 
Remedies Act were last adjusted in 2016.\12\ Since FHFA is making this 
round of adjustments in calendar year 2018, and the maximum CMP amounts 
were last set in calendar year 2016, the inflation adjustment amount 
for each maximum CMP amount was calculated as above by comparing the 
CPI-U for October 2015 with the CPI-U for October 2016, resulting in an 
inflation

[[Page 43967]]

factor of 1.01636, and then comparing the CPI-U for October 2016 with 
the CPI-U for October 2017, resulting in an inflation factor of 
1.02041. The table below sets out these items accordingly.
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    \12\ See 81 FR 43031, 43035 (July 1, 2016).

----------------------------------------------------------------------------------------------------------------
                                                                     Previous         Rounded      New adjusted
          U.S. Code citation                   Description            maximum        inflation        maximum
                                                                  penalty amount     increase     penalty amount
----------------------------------------------------------------------------------------------------------------
31 U.S.C. 3802(a)(1)..................  Maximum penalty per              $10,781            $400         $11,181
                                         false claim.
31 U.S.C 3802(a)(2)...................  Maximum penalty per               10,781             400          11,181
                                         false statement.
----------------------------------------------------------------------------------------------------------------

    Similarly, the CMP for FHFA penalties under the Flood Insurance 
regulation were last adjusted in 2016.\13\ Since FHFA is making this 
round of adjustments in calendar year 2018, and the maximum CMP amounts 
were last set in calendar year 2016, the inflation adjustment amount 
for each maximum CMP amount was calculated as above by comparing the 
CPI-U for October 2015 with the CPI-U for October 2016, resulting in an 
inflation factor of 1.01636, and then comparing the CPI-U for October 
2016 with the CPI-U for October 2017, resulting in an inflation factor 
of 1.02041. The table below sets out these items accordingly.
---------------------------------------------------------------------------

    \13\ See 81 FR 43028, 43031 (July 1, 2016).

----------------------------------------------------------------------------------------------------------------
                                                                     Previous         Rounded      New adjusted
          U.S. Code citation                   Description            maximum        inflation        maximum
                                                                  penalty amount     increase     penalty amount
----------------------------------------------------------------------------------------------------------------
42 U.S.C. 4012a(f)(5).................  Maximum penalty per                 $534             $20            $554
                                         violation.
42 U.S.C. 4012a(f)(5).................  Maximum total penalties          154,028           5,715         159,743
                                         assessed against an
                                         Enterprise in a
                                         calendar year.
----------------------------------------------------------------------------------------------------------------

IV. Differences Between the Federal Home Loan Banks and the Enterprises

    When promulgating any regulation that may have future effect 
relating to the Banks, the Director is required by section 1313(f) of 
the Safety and Soundness Act to consider the differences between the 
Banks and the Enterprises with respect to the Banks' cooperative 
ownership structure; mission of providing liquidity to members; 
affordable housing and community development mission; capital 
structure; and joint and several liability (12 U.S.C. 4513(f)).\14\ The 
Director considered the differences between the Banks and the 
Enterprises, as they relate to the above factors, and determined that 
this final rule is appropriate, as the maximum civil money penalty 
amounts are set by statute, as is the manner in which FHFA is required 
to adjust those amounts, so there is no possibility to vary those 
provisions in this rule based on consideration of the factors recited 
in section 1313(f). The inflation adjustments effected by the final 
rule are mandated by law, Any imposition of civil money penalties would 
only take place after an enforcement action in which FHFA would have an 
opportunity to consider all relevant factors. The special features of 
the Banks identified in section 1313(f) of the Safety and Soundness Act 
can be accommodated, if appropriate, along with any other relevant 
factors, when determining any actual penalties.
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    \14\ So in original; no paragraphs (d) and (e) were enacted. See 
12 U.S.C.A. 4513 n 1.
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V. Regulatory Impact

Administrative Procedure Act

    FHFA finds good cause that notice and an opportunity to comment on 
this final rule are unnecessary under section 553(b)(B) of the 
Administrative Procedure Act (APA), 5 U.S.C. 553(b)(B). The Adjustment 
Improvements Act states that the annual civil money penalty adjustments 
shall be made notwithstanding the rulemaking provisions of 5 U.S.C. 
553. Furthermore, this rulemaking conforms with and is consistent with 
the statutory directive set forth in the Adjustment Improvements Act. 
As a result, there are no issues of policy discretion about which to 
seek public comment. Accordingly, FHFA is issuing these amendments as a 
final rule.

Regulatory Flexibility Act

    Pursuant to the Regulatory Flexibility Act (RFA),\15\ an agency 
must prepare a regulatory flexibility analysis for all proposed and 
final rules that describes the impact of the rule on small entities, 
unless the head of an agency certifies that the rule will not have ``a 
significant economic impact on a substantial number of small 
entities.'' However, the RFA applies only to rules for which an agency 
publishes a general notice of proposed rulemaking pursuant to the 
APA.\16\ As discussed above, FHFA has determined for good cause that 
the APA does not require a general notice of proposed rulemaking for 
this rule. Thus, the RFA does not apply to this final rule.
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    \15\ 5 U.S.C. 603.
    \16\ 5 U.S.C. 603(a), 604(a).
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Paperwork Reduction Act

    The Paperwork Reduction Act (44 U.S.C. 3501 et seq.) requires that 
regulations involving the collection of information receive clearance 
from the Office of Management and Budget (OMB). This rule contains no 
such collection of information requiring OMB approval under the 
Paperwork Reduction Act. Consequently, no information has been 
submitted to OMB for review.

Congressional Review Act

    FHFA has determined that this regulatory action does not qualify as 
either a ``rule'' or a ``major rule'' under the Congressional Review 
Act. See 5 U.S.C. 804(2), (3).

List of Subjects

12 CFR Part 1209

    Administrative practice and procedure, Penalties.

12 CFR Part 1217

    Civil remedies, Program fraud.

[[Page 43968]]

12 CFR Part 1250

    Flood insurance, Government-sponsored enterprises, Penalties, 
Reporting and recordkeeping requirements.

    Accordingly, for the reasons stated in the SUPPLEMENTARY 
INFORMATION and under the authority of 12 U.S.C. 4513b and 12 U.S.C. 
4526, the Federal Housing Finance Agency hereby amends subchapters A 
and C of chapter XII of Title 12 of the Code of Federal Regulations as 
follows:

SUBCHAPTER A--ORGANIZATION AND OPERATIONS

PART 1209--RULES OF PRACTICE AND PROCEDURE

0
1. The authority citation for part 1209 continues to read as follows:

    Authority: 5 U.S.C. 554, 556, 557, and 701 et seq.; 12 U.S.C. 
1430c(d); 12 U.S.C. 4501, 4502, 4503, 4511, 4513, 4513b, 4517, 4526, 
4566(c)(1) and (c)(7), 4581-4588, 4631-4641; and 28 U.S.C. 2461 
note.


0
2. Revise Sec.  1209.80 to read as follows:


Sec.  1209.80   Inflation adjustments.

    The maximum amount of each civil money penalty within FHFA's 
jurisdiction, as set by the Safety and Soundness Act and thereafter 
adjusted in accordance with the Inflation Adjustment Act, is as 
follows:

------------------------------------------------------------------------
                                                           New adjusted
       U.S. Code citation              Description            maximum
                                                          penalty amount
------------------------------------------------------------------------
12 U.S.C. 4636(b)(1)...........  First Tier.............         $11,390
12 U.S.C. 4636(b)(2)...........  Second Tier............          56,947
12 U.S.C. 4636(b)(4)...........  Third Tier (Regulated         2,277,875
                                  Entity or Entity-
                                  Affiliated party).
------------------------------------------------------------------------


0
3. Revise Sec.  1209.81 to read as follows:


Sec.  1209.81   Applicability.

    The inflation adjustments set out in Sec.  1209.80 shall apply to 
civil money penalties assessed in accordance with the provisions of the 
Safety and Soundness Act, 12 U.S.C. 4636, and subparts B and C of this 
part, for violations occurring after September 28, 2018.

PART 1217--PROGRAM FRAUD CIVIL REMEDIES ACT

0
4. The authority citation for part 1217 continues to read as follows:

    Authority:  12 U.S.C. 4501; 12 U.S.C. 4526; 28 U.S.C. 2461 note; 
31 U.S.C. 3801-3812.


0
5. Amend Sec.  1217.3 by revising paragraphs (a)(1) introductory text 
and (b)(1) introductory text to read as follows:


Sec.  1217.3   Basis for civil penalties and assessments.

    (a) * * * (1) A civil penalty of not more than $11,181 may be 
imposed upon a person who makes a claim to FHFA for property, services, 
or money where the person knows or has reason to know that the claim:
* * * * *
    (b) * * * (1) A civil penalty of up to $11,181 may be imposed upon 
a person who makes a written statement to FHFA with respect to a claim, 
contract, bid or proposal for a contract, or benefit from FHFA that:
* * * * *

SUBCHAPTER C--ENTERPRISES

PART 1250--FLOOD INSURANCE

0
6. The authority citation for part 1250 continues to read as follows:

    Authority:  12 U.S.C. 4521(a)(4) and 4526; 28 U.S.C. 2461 note; 
42 U.S.C. 4001 note; 42 U.S.C. 4012a(f)(3), (4), (5), (8), (9), and 
(10).


0
7. Amend Sec.  1250.3 by revising paragraph (c) to read as follows:


Sec.  1250.3   Civil money penalties.

* * * * *
    (c) Amount. The maximum civil money penalty amount is $534 for each 
violation that occurs before September 28, 2018, with total penalties 
not to exceed $154,028. For violations that occur on or after September 
28, 2018, the civil money penalty under this section may not exceed 
$554 for each violation, with total penalties assessed under this 
section against an Enterprise during any calendar year not to exceed 
$159,743.
* * * * *

    Dated: August 15, 2018.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2018-18517 Filed 8-28-18; 8:45 am]
 BILLING CODE 8070-01-P
Federal Register / Vol. 83, No. 168 / Wednesday, August 29, 2018 / Rules and Regulations 43965

1464 1817(a), 1818, 1820, 1821, 1831m, PART 211—INTERNATIONAL (i) Has total assets of less than $3
1831p–1, 1831o, 1833e, 1867, 1951 et seq., BANKING OPERATIONS billion;
2601 et seq., 2801 et seq., 2901 et seq., 3101 (REGULATION K)
et seq., 3401 et seq., 5321, 5412, 5414; 15
* * * * *
U.S.C. 77uu(b), 78q(c)(3); 18 U.S.C. 641, Dated: August 20, 2018.
1905, 1906; 29 U.S.C. 1204; 31 U.S.C.
■ 6. The authority citation for part 211
continues to read as follows: Joseph M. Otting,
5318(g)(2), 9701; 42 U.S.C. 3601; 44 U.S.C. Comptroller of the Currency.
3506, 3510; E.O. 12600 (3 CFR, 1987 Comp., Authority: 12 U.S.C. 221 et seq., 1818,
p. 235). 1835a, 1841 et seq., 3101 et seq., 3901 et seq., Board of Governors of the Federal Reserve
and 5101 et seq.; 15 U.S.C. 1681s, 1681w, System, August 22, 2018.
■ 2. Section 4.6 is amended by revising 6801 and 6805. Ann E. Misback,
paragraph (b)(1) to read as follows: Secretary to the Board.
■ 7. Amend § 211.26 by revising
§ 4.6 Frequency of examination of national paragraph (c)(2)(i)(A) to read as follows: Dated at Washington, DC, on August 22,
banks and Federal savings associations. 2018.
§ 211.26 Examinations of offices and Federal Deposit Insurance Corporation.
* * * * * affiliates of foreign banks.
Robert E. Feldman,
(b) * * * * * * * *
Executive Secretary.
(1) The bank or Federal savings (c) * * *
[FR Doc. 2018–18685 Filed 8–28–18; 8:45 am]
association has total assets of less than (2) * * *
BILLING CODE 4810–33–P
$3 billion; (i) * * *
* * * * * (A) Has total assets of less than $3
billion;
■ 3. Section 4.7 is amended by revising FEDERAL HOUSING FINANCE
* * * * * AGENCY
paragraph (b)(1)(i) to read as follows:
Federal Deposit Insurance Corporation
§ 4.7 Frequency of examination of Federal 12 CFR Parts 1209, 1217, and 1250
agencies and branches. 12 CFR Chapter III
RIN 2590–AA93
* * * * * For the reasons set forth in the joint
(b) * * * preamble, the Board of Directors of the Rules of Practice and Procedure; Civil
FDIC amends parts 337 and 347 of Money Penalty Inflation Adjustment
(1) * * * chapter III of title 12 of the Code of
(i) Has total assets of less than $3 Federal Regulations as follows: AGENCY: Federal Housing Finance
billion; Agency.
* * * * * PART 337—UNSAFE AND UNSOUND ACTION: Final rule.
BANK PRACTICES
Federal Reserve System SUMMARY: The Federal Housing Finance
■ 8. The authority citation for part 337 Agency (FHFA) is issuing this final rule
12 CFR Chapter II
continues to read as follows: amending its Rules of Practice and
For the reasons set forth in the joint Procedure and other agency regulations
Authority: 12 U.S.C. 375a(4), 375b,
preamble, the Board amends parts 208 1463(a)(1), 1816, 1818(a), 1818(b), 1819, to adjust each civil money penalty
and 211 of chapter II of title 12 of the 1820(d), 1828(j)(2), 1831, 1831f, 5412. within its jurisdiction to account for
Code of Federal Regulations as follows: inflation, pursuant to the Federal Civil
■ 9. Amend § 337.12 by revising Penalties Inflation Adjustment Act of
PART 208—MEMBERSHIP OF STATE paragraph (b)(1) to read as follows: 1990, as amended by the Federal Civil
BANKING INSTITUTIONS IN THE § 337.12 Frequency of examination. Penalties Inflation Adjustment Act
FEDERAL RESERVE SYSTEM Improvements Act of 2015.
(REGULATION H) * * * * *
DATES: Effective date: September 28,
(b) * * *
2018.
■ 4. The authority citation for part 208 (1) The institution has total assets of
less than $3 billion; FOR FURTHER INFORMATION CONTACT:
continues to read as follows:
* * * * * Stephen E. Hart, Deputy General
Authority: 12 U.S.C. 24, 36, 92a, 93a, Counsel, at (202) 649–3053,
248(a), 248(c), 321–338a, 371d, 461, 481–486, PART 347—INTERNATIONAL Stephen.Hart@fhfa.gov, or Frank R.
601, 611, 1814, 1816, 1818, 1820(d)(9),
BANKING Wright, Assistant General Counsel, at
1833(j), 1828(o), 1831, 1831o, 1831p–1,
1831r–1, 1831w, 1831x, 1835a, 1882, 2901– (202) 649–3087, Frank.Wright@fhfa.gov
2907, 3105, 3310, 3331–3351, 3353, and ■ 10. The authority citation for part 347 (not toll-free numbers); Federal Housing
3906–3909; 15 U.S.C. 78b, 781(b), 78l(i), 780– continues to read as follows: Finance Agency, 400 7th Street SW,
4(c)(5), 78q, 78q–1, 78w, 1681s, 1681w, 6801 Authority: 12 U.S.C. 1813, 1815, 1817, Washington, DC 20219. The telephone
and 6805, 31 U.S.C. 5318; 42 U.S.C. 4012a, 1819, 1820, 1828, 3103, 3104, 3105, 3108, number for the Telecommunications
4104b, 4106, and 4128. 3109; Pub. L. 111–203, section 939A, 124 Device for the Hearing Impaired is: (800)
Stat. 1376, 1887 (July 21, 2010) (codified 15 877–8339 (TDD only).
■ 5. Amend § 208.64 by revising U.S.C. 78o–7 note).
paragraph (b)(1) to read as follows: SUPPLEMENTARY INFORMATION:
■ 11. Amend § 347.211 by revising
sradovich on DSK3GMQ082PROD with RULES

§ 208.64 Frequency of examination.
I. Background
paragraph (b)(1)(i) to read as follows:
* * * * * FHFA is an independent agency of the
§ 347.211 Examination of branches of Federal government, and the financial
(b) * * * foreign banks. safety and soundness regulator of the
(1) The bank has total assets of less * * * * * Federal National Mortgage Association
than $3 billion; (b) * * * (Fannie Mae) and the Federal Home
* * * * * (1) * * * Loan Mortgage Corporation (Freddie

VerDate Sep<11>2014 16:05 Aug 28, 2018 Jkt 244001 PO 00000 Frm 00005 Fmt 4700 Sfmt 4700 E:\FR\FM\29AUR1.SGM 29AUR1
Document Created: 2018-08-29 00:12:44
Document Modified: 2018-08-29 00:12:44
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		Rules and Regulations
Action		Final rule.
Dates		Effective date: September 28, 2018.
Contact		Stephen E. Hart, Deputy General Counsel, at (202) 649-3053, [email protected], or Frank R. Wright, Assistant General Counsel, at (202) 649-3087, [email protected] (not toll-free numbers); Federal Housing Finance Agency, 400 7th Street SW, Washington, DC 20219. The telephone number for the Telecommunications Device for the Hearing Impaired is: (800) 877-8339 (TDD only).
FR Citation		83 FR 43965
RIN Number		2590-AA93
CFR Citation		12 CFR 1209 12 CFR 1217 12 CFR 1250
CFR Associated		Administrative Practice and Procedure; Penalties; Civil Remedies; Program Fraud; Flood Insurance; Government-Sponsored Enterprises and Reporting and Recordkeeping Requirements