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SUMMARY: This document corrects the preamble to a proposed rule published in the Federal Register of June 21, 2002, regarding the safety and soundness of the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac). The correction inserts inadvertently omitted language in the preamble of the proposed rule.
SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is issuing a final regulation to clarify and to codify OFHEO’s authority and ongoing responsibility to oversee and enforce the statutory requirements affecting the operations of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation under the National Flood Insurance Reform Act of 1994.
EFFECTIVE DATE: The effective date of this regulation is December 18, 2001.
SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is responsible for ensuring the safety and soundness of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (Enterprises). In furtherance of that responsibility, OFHEO is proposing a regulation to set forth minimum requirements with respect to corporate governance practices and procedures of the Enterprises.
DATES: Written comments on the proposed regulation must be received by November 13, 2001.
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SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is withdrawing its notice of proposed rulemaking on Corporate Governance that was published in the Federal Register on April 10, 2001. The proposal is withdrawn at this time due to the possible confusion it could create as to the standards applicable to anticipated appointees to the Boards of Directors of the Enterprises.
DATES: The proposed rule published on April 10, 2001 (66 FR 18709) is withdrawn as of April 20, 2001.
SUMMARY: On September 12, 2001, the Office of Federal Housing Enterprise Oversight (OFHEO) published a notice of proposed rulemaking entitled "Corporate Governance" in the Federal Register (66 FR 47557) to set forth minimum requirements with respect to corporate governance practices and procedures for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (the Enterprises).
SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is responsible for ensuring the safety and soundness of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (Enterprises). In furtherance of that responsibility, OFHEO is proposing a regulation to set forth minimum requirements with respect to corporate governance practices and procedures of the Enterprises.
DATES: Written comments on the proposed regulation must be received by June 11, 2001.
SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) is responsible for ensuring the safety and soundness of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (Enterprises). In furtherance of that responsibility, OFHEO is issuing a final regulation to set forth minimum standards with respect to corporate governance practices and procedures of the Enterprises.
EFFECTIVE DATE: August 5, 2002.
