[Federal Register Volume 67, Number 128 (Wednesday, July 3, 2002)]
[Proposed Rules]
[Page 44577]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-16697]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Part 1720

RIN 2550-AA22


Safety and Soundness; Correction

AGENCY: Office of Federal Housing Enterprise Oversight, HUD.

ACTION: Proposed rule; correction.

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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 inadvertantly omitted language in the preamble 
of the proposed rule.

FOR FURTHER INFORMATION CONTACT: Kathleen McLees, Federal Register 
Liaison Officer, telephone (202) 414-3836 (not a toll-free number), 
Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G 
Street, NW., Washington, DC 20552. The telephone number for the 
Telecommunications Device for the Deaf is (800) 877-8339.

Correction

    In the preamble of the proposed rule, FR Doc. 02-15678, beginning 
on page 42200 in the issue of June 21, 2002, make the following 
correction in the Supplementary Information section. On page 42201, in 
the second column, on line 16, after the words ``in a policy guidance 
will'', add the word ``not''. The sentence should read: ``Compliance 
with the minimum standards articulated in a policy guidance will not 
preclude the agency from finding that an Enterprise is otherwise 
engaged in a specific unsafe or unsound practice or is in an unsafe or 
unsound condition, or requiring corrective or remedial action with 
regard to such practice or condition.''

    Dated: June 27, 2002.
Kathleen K. McLees,
Federal Register Liaison Officer, Office of Federal Housing Enterprise 
Oversight.
[FR Doc. 02-16697 Filed 7-2-02; 8:45 am]
BILLING CODE 4220-01-P