SUMMARY: In accordance with the requirements of the Privacy Act of 1974, as amended (Privacy Act), the Federal Housing Finance Agency (FHFA) gives notices of two proposed Privacy Act systems of records.

The first proposed system is "Compensation Information Provided by the Regulated Entities" (FHFA–4), which will contain compensation-related information on entities regulated by FHFA. The information will be analyzed and evaluated by FHFA in carrying out its statutory authority to prohibit and withhold compensation. Individuals covered by the system will be present and former directors and executives of the Federal Home Loan Banks and present and former directors, executives and employees of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.

The second proposed system is "Photographic Files" (FHFA–5), which will contain photographic materials, in print and electronic format, related to FHFA staff and events. FHFA will use these photographic records for distribution and reproduction in agency documents and communications such as reports, agency plans, training materials, press releases, briefing materials, research documents, newsletters, and presentations.

DATES: These two new systems of records will become effective on June 21, 2010 without further notice unless comments necessitate otherwise. FHFA will publish a new notice if the effective date is delayed to review comments or if changes are made based on comments received. To be assured of consideration, comments should be received on or before June 9, 2010.​