Prior Approval for Enterprise Products
Prior Approval for Enterprise Products Final Rule
FOR FURTHER INFORMATION CONTACT: Susan Cooper, Senior Policy Analyst, Office of Housing and Regulatory Policy, (202) 649-3121, susan.cooper@fhfa.gov; or Dinah Knight, Assistant General Counsel, Office of General Counsel, (202) 748-7801, dinah.knight@fhfa.gov, Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, DC 20219. 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: The Federal Housing Finance Agency (FHFA) is adopting a final rule that establishes a process for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to provide advance notice to the FHFA Director before offering a new activity to the market and to obtain prior approval from the Director before offering a new product to the market.
DATES: The Final Rule is effective February 27, 2023.