[Federal Register Volume 61, Number 161 (Monday, August 19, 1996)]
[Proposed Rules]
[Pages 42824-42825]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-21016]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Part 1270

RIN 2550-AA02


Risk-Based Capital

AGENCY: Office of Federal Housing Enterprise Oversight, HUD.

ACTION: Extension of public comment period for first notice of proposed 
rulemaking.

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SUMMARY: On June 11, 1996 (61 FR 29592), the Office of Federal Housing 
Enterprise Oversight (OFHEO) published a notice of proposed rulemaking 
(NPR) entitled ``Risk-Based Capital,'' which proposes the methodology 
for identifying the benchmark loss experience. This NPR is a 
significant step in the process of developing a regulation to establish 
risk-based capital standards for the Federal National Mortgage 
Association and the Federal Home Loan Mortgage Corporation. OFHEO has 
been requested to extend the comment period. To ensure that the public 
has ample opportunity to participate in the rulemaking process by 
commenting on the issues involved in the NPR, today's notice extends 
the public comment period from September 9, 1996, through October 24, 
1996.

DATES: The comment period is extended until October 24, 1996.

ADDRESSES: Send written comments to Anne E. Dewey, General Counsel, 
Office of General Counsel, Office of Federal Housing Enterprise 
Oversight, 1700 G Street, N.W., Fourth Floor, Washington, D.C. 20552.

FOR FURTHER INFORMATION CONTACT: David J. Pearl, Director, Office of 
Research, Analysis and Capital Standards; or Gary L. Norton, Deputy 
General Counsel, Office of General Counsel, Office of Federal Housing

[[Page 42825]]

Enterprise Oversight, 1700 G Street, N.W., Fourth Floor, Washington, 
D.C. 20552, telephone (202) 414-3800 (not a toll-free number).
Mark A. Kinsey,
Acting Director, Office of Federal Housing Enterprise Oversight.
[FR Doc. 96-21016 Filed 8-16-96; 8:45 am]
BILLING CODE 4220-01-P