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Suspended Counterparty Program Amendments

Publication Details
Type
Proposed Rulemaking
Document Number
2023–14723
Federal Register Publish Date
07/21/2023
Federal Register Citation
88 FR 47077
PDF Format
Comment Open Date
07/07/2023
Comment End Date
09/19/2023
Comment Status
Closed
Rulemaking Details
Rulemaking

Suspended Counterparty Program Amendments

Contact Information

​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

​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 people-icon

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

15 items
CSV
Date First Name Last Name Organization Comment
FHFA Meeting Summary -- Housing Policy Council (HPC) FHFA Meeting Summary -- Housing Policy Council (HPC) FHFA Meeting Summary -- Housing Policy Council (HPC) See attached Meeting Summary.View Comment Email: N/A
Attachment: View Attachment
FHFA Meeting Summary -- Mortgage Bankers Association (MBA) FHFA Meeting Summary -- Mortgage Bankers Association (MBA) FHFA Meeting Summary -- Mortgage Bankers Association (MBA) See attached Meeting Summary.View Comment Email: N/A
Attachment: View Attachment
FHFA Meeting Summary -- Housing Policy Council (HPC) FHFA Meeting Summary -- Housing Policy Council (HPC) FHFA Meeting Summary -- Housing Policy Council (HPC) See attached Meeting Summary.View Comment Email: N/A
Attachment: View Attachment
FHFA Meeting Summary -- Mortgage Bankers Association (MBA) FHFA Meeting Summary -- Mortgage Bankers Association (MBA) FHFA Meeting Summary -- Mortgage Bankers Association (MBA) See attached Meeting Summary.View Comment Email: N/A
Attachment: View Attachment
Chris Noble Private Equity Stakeholder Project Please see attachment.View Comment Email: chris.noble@pestakeholder.org
Attachment: View Attachment
Alisha Sears N/A Please find attached comments from state and local MBAs. Thank you.View Comment Email: asears@mba.org
Attachment: View Attachment
Dexter Schrodt Nebraska Independent Community Bankers Please see attachedView Comment Email: dexter@nicbonline.com
Attachment: View Attachment
Caroline Nagy Americans for Financial Reform Education Fund Please see the attached commentView Comment Email: caroline@ourfinancialsecurity.org
Attachment: View Attachment
Michael Ravnitzky N/A See attached.View Comment Email: N/A
Attachment: View Attachment
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
Ryan Donovan Council of Federal Home Loan Banks Please see attached document.View Comment Email: rdonovan@cfhlb.org
Attachment: View Attachment
Alisha Sears MBA Please find attached comments from the Mortgage Bankers Association, A…View Comment
Email: asears@mba.org
Attachment: View Attachment
Ed DeMarco Housing Policy Council Please find comments from the Housing Policy Council attached.View Comment Email: mike.gill@housingpolicycouncil.org
Attachment: View Attachment
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
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