[Federal Register Volume 65, Number 49 (Monday, March 13, 2000)]
[Proposed Rules]
[Page 13251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-6065]


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 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
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  Federal Register / Vol. 65, No. 49 / Monday, March 13, 2000 / 
Proposed Rules  

[[Page 13251]]



DEPARTMENT OF HOUSING AND URBAN DVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Part 1750

RIN 2550-AA02


Risk-Based Capital

AGENCY: Office of Federal Housing Enterprise Oversight, HUD.

ACTION: Proposed rule; solicitation of reply comments.

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SUMMARY: On April 13, 1999, the Office of Federal Housing Enterprise 
Oversight (OFHEO) published a notice of proposed rulemaking (NPR) 
entitled ``Risk-Based Capital'' in the Federal Register (64 FR 18083). 
That notice, known as NPR 2, is the second such proposal related to the 
development of a regulation to establish risk-based capital standards 
for the Federal Home Loan Mortgage Corporation (Freddie Mac) and the 
Federal National Mortgage Association (Fannie Mae). NPR 2 sets forth 
the specifications for the risk-based capital stress test, completing 
OFHEO's risk-based capital proposal. OFHEO has requested electronic 
copies of the comments on NPR2 and will post all NPR2 comments on our 
web site www.ofheo.gov, as soon as practicable.
    In today's notice, OFHEO is soliciting reply comments in response 
to comments addressing the proposed rule that were submitted by the 
March 10, 2000, deadline. OFHEO requests that such reply comments only 
respond to the submitted comments, and not repeat the initial comments 
at length. This decision to solicit reply comments will insure that all 
interested parties have ample opportunity to participate in the 
rulemaking process by providing meaningful comment on the various 
technical and policy issues involved in the development of the risk-
based capital regulation.

DATES: Reply comments are due on or before April 14, 2000.

ADDRESSES: Send written comments to Alfred M. Pollard, General Counsel, 
Office of General Counsel, Office of Federal Housing Enterprise 
Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552. 
Written comments may also be sent by electronic mail to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Patrick J. Lawler, Associate Director 
of Policy Analysis and Research; Eric Bruskin, Deputy Associate 
Director of Risk Analysis and Model Development; or David A. Felt, 
Associate General Counsel, Office of Federal Housing Enterprise 
Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552, 
telephone (202) 414-3800 (not a toll-free number). The telephone number 
for the Telecommunications Device for the Deaf is (800) 877-8339.

    Dated: March 7, 2000.
Armando Falcon, Jr.,
Director, Office of Federal Housing Enterprise Oversight.
[FR Doc. 00-6065 Filed 3-10-00; 8:45 am]
BILLING CODE 4220-01-P