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federal_register: 97-33731

All Federal Register documents (rules, proposed rules, notices, presidential documents) from 1994 to present.

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
97-33731 The Secretary of HUD's Regulation of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); Advance Notice of Proposed Rulemaking Proposed Rule Through this notice HUD seeks comments from the public regarding a possible future proposed rule on non-mortgage investments to amend HUD's regulations at 24 CFR Part 81 governing the Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal National Mortgage Association (Fannie Mae) (both are known as Government Sponsored Enterprises or GSEs). Under their respective Charters, the GSEs have broad authority to invest their funds. The Secretary of HUD, however, has general regulatory power over the GSEs to ensure that the purposes of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, the Federal National Mortgage Association Charter Act, and the Federal Home Loan Mortgage Corporation Act are accomplished. HUD's current GSE regulations do not contain specific provisions concerning non-mortgage investments by the GSEs. Accordingly, HUD seeks the public's comments regarding possible regulations concerning these investments. Such comments may include, but should not be limited to, whether regulations should be issued governing the GSEs' non-mortgage investments and, if so, what specific requirements should be considered for such regulations including reporting of non-mortgage investments and any limits on such investments. This notice solicits public comments on this subject prior to publication of a possible proposed rule. 1997-12-30 1997 12 https://www.federalregister.gov/documents/1997/12/30/97-33731/the-secretary-of-huds-regulation-of-the-federal-national-mortgage-association-fannie-mae-and-the https://www.govinfo.gov/content/pkg/FR-1997-12-30/pdf/97-33731.pdf Housing and Urban Development Department 228 Through this notice HUD seeks comments from the public regarding a possible future proposed rule on non-mortgage investments to amend HUD's regulations at 24 CFR Part 81 governing the Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal...

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