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Suspended Counterparty Program Re-proposed Rule

Publication Details
Type
Proposed Rulemaking
Document Number
RIN-2590-AB23
Federal Register Publish Date
10/01/2024
Comment Open Date
09/25/2024
Comment End Date
12/02/2024
Comment Status
Closed
View Documents:
Rulemaking Details
Rulemaking

Suspended Counterparty Program Re-proposed Rule

Contact Information

FOR FURTHER INFORMATION CONTACT:  Karen Heidel, Assistant General Counsel, Office of General Counsel, Karen.Heidel@fhfa.gov, (202) 738-7753; or Joseph Germany, Honors Counsel, Office of General Counsel, Joseph.Germany@fhfa.gov, (202) 649-3643.  These are not toll-free numbers.  For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

Summary

SUMMARY:  On July 21, 2023, the Federal Housing Finance Agency (FHFA) published a proposed rule to amend its Suspended Counterparty Program (SCP) regulation by expanding the categories of covered misconduct on which a suspension could be based to include sanctions arising from certain forms of civil enforcement.  After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary.  Therefore, it is publishing this second proposed rule.

DATES:  Written comments must be received on or before December 2, 2024.

Public Comments people-icon

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

3 items
Date Sort ascending First Name Last Name Organization Comment
Alisha Sears Mortgage Bankers Association Please find attached comments from the Mortgage Bankers Association.View Comment Email: asears@mba.org
Attachment: View Attachment
Meg Burns Housing Policy Council Please find comment from the Housing Policy Council attached.View Comment Email: meg.burns@housingpolicycouncil.org
Attachment: View Attachment
Laura Turnquest The 11 Federal Home Loan Banks Please see attached.View Comment Email: lturnquest@fhlbc.com
Attachment: View Attachment