Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment

01/29/2021

Number

RIN-2590-AB14

Group

Fannie Mae

FHL Banks

Freddie Mac

CFR

12 CFR 1209; 12 CFR 1217; 12 CFR 1250

CFR Description

Rules of Practice and Procedure

Effective Date

Fri, 01/29/2021 - 12:00

Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment

FOR FURTHER INFORMATION CONTACT: Frank R. Wright, Assistant General Counsel, at (202) 649-3087, Frank.Wright@fhfa.gov (not a toll-free number); Federal Housing Finance Agency, 400 7^th Street, SW., Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

SUMMARY: The Federal Housing Finance Agency (FHFA) is adopting 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 January 29, 2021, and applicable beginning January 15, 2021.