Suspended Counterparty Program Amendments

07/21/2023

Number

RIN-2590-AB23

Group

Fannie Mae

FHL Banks

Freddie Mac

CFR

12 CFR Part 1227

CFR Description

SUSPENDED COUNTERPARTY PROGRAM

Suspended Counterparty Program Amendments

FOR FURTHER INFORMATION CONTACT: Marshall Adam Pecsek, Assistant General Counsel, at (202) 649-3380 (not a toll-free number), marshall.pecsek@fhfa.gov. For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

SUMMARY: The Federal Housing Finance Agency (FHFA) is proposing to amend the existing Suspended Counterparty Program (SCP) regulation. FHFA proposes to expand the categories of covered misconduct on which a suspension could be based to include sanctions arising from certain forms of civil enforcement. The proposed rule would also eliminate the requirement that any final suspension order be preceded by a proposed suspension order, but only when the suspension is based on an administrative sanction.

DATES: Comments must be received on or before September 19, 2023.

Public Comments

Below are a compilation of public comments made on this publication.

11 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
09/19/23	Richard	Baier	Nebraska Bankers Association	Attached to this submission is the Nebraska Bankers Association's form…View Comment Email: richard.baier@nebankers.org Attachment: View Attachment
09/19/23	Chris	Noble	Private Equity Stakeholder Project	Please see attachment.View Comment Email: chris.noble@pestakeholder.org Attachment: View Attachment
09/19/23	Alisha	Sears	N/A	Please find attached comments from state and local MBAs. Thank you.View Comment Email: asears@mba.org Attachment: View Attachment
09/19/23	Dexter	Schrodt	Nebraska Independent Community Bankers	Please see attachedView Comment Email: dexter@nicbonline.com Attachment: View Attachment
09/19/23	Caroline	Nagy	Americans for Financial Reform Education Fund	Please see the attached commentView Comment Email: caroline@ourfinancialsecurity.org Attachment: View Attachment
09/19/23	Michael	Ravnitzky	N/A	See attached.View Comment Email: N/A Attachment: View Attachment
09/18/23	Ryan	Donovan	Council of Federal Home Loan Banks	Please see attached document.View Comment Email: rdonovan@cfhlb.org Attachment: View Attachment
09/18/23	Alisha	Sears	MBA	Please find attached comments from the Mortgage Bankers Association, A…View Comment Email: asears@mba.org Attachment: View Attachment
09/12/23	Ed	DeMarco	Housing Policy Council	Please find comments from the Housing Policy Council attached.View Comment Email: mike.gill@housingpolicycouncil.org Attachment: View Attachment
08/31/23	James	Stewart	N/A	I am in favor of the proposed rule and make the following suggestion (…View Comment Email: 1jimrstewart@gmail.com Attachment: N/A
07/07/23	Jim	Montrym	Jim Montrym National MLO School	Does the concept of Due Process mean anything. Did we not se CFPB try…View Comment Email: Brokerschool2@gmail.com Attachment: N/A