[Unified Agenda of Federal Regulatory and Deregulatory Actions]
[Office of Federal Housing Enterprise Oversight Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


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Part XXXIV





Office of Federal Housing Enterprise Oversight





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Semiannual Regulatory Agenda

[[Page 33944]]



OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT (OFHEO)






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OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT

12 CFR Ch. XVII

Unified Agenda of Federal Regulatory and Deregulatory Actions

AGENCY: Office of Federal Housing Enterprise Oversight.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: This notice is given pursuant to the requirements of the 
``Regulatory Flexibility Act'' (Pub. L. 96-354, September 19, 1980) and 
Executive Order 12866 (``Regulatory Planning and Review,'' September 
30, 1993), which require the publication of a semiannual agenda of 
regulations.

FOR FURTHER INFORMATION CONTACT: Alfred M. Pollard, General Counsel, 
Office of Federal Housing Enterprise Oversight, 1700 G Street NW., 
Washington, DC 20552, (202) 414-3788.

Dated: March 14, 2002.

 Armando Falcon, Jr.,

Director, Office of Federal Housing Enterprise Oversight.
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Office of Federal Housing Enterprise Oversight (OFHEO)Long-Term Actions






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3320. ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF DISABILITY IN 
PROGRAMS OR ACTIVITIES CONDUCTED BY THE OFFICE OF FEDERAL HOUSING 
ENTERPRISE OVERSIGHT

Priority: Info./Admin./Other

Legal Authority: 29 USC 794

CFR Citation: 12 CFR 1706

Legal Deadline: None

Abstract: OFHEO will propose a regulation that will implement section 
504 of the Rehabilitation Act of 1973 to prohibit discrimination on the 
basis of disability in programs or activities conducted by OFHEO.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Isabella W. Sammons, Associate General Counsel, Office 
of Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, 
DC 20552
Phone: 202 414-3790

RIN: 2550-AA11
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3321. MINIMUM CAPITAL

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4612

CFR Citation: 12 CFR 1750

Legal Deadline: None

Abstract: OFHEO will propose an amendment that will update the minimum 
capital regulation to accommodate changes in Generally Accepted 
Accounting Principles, clarify reporting requirements, and otherwise 
revise and update the rule for monitoring of capital.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David A. Felt, Deputy General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3750

RIN: 2550-AA18
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3322. CORPORATE GOVERNANCE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4513(a); 12 USC 4513(b)(1)

CFR Citation: 12 CFR 1710

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight (OFHEO) is 
responsible for ensuring the safe and sound operations of the Federal 
National Mortgage Association and the Federal Home Loan Mortgage 
Corporation (Enterprises). In furtherance of that responsibility, OFHEO 
is adopting a regulation that sets forth minimum requirements with 
respect to corporate governance practices and procedures of the 
Enterprises.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/10/01                    66 FR 18709
NPRM Withdrawn                  04/20/01                    66 FR 20217
NPRM                            09/12/01                    66 FR 47557
NPRM Comment Period End         11/13/01
NPRM Comment Period Extended    12/13/01                    66 FR 56619
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: David W. Roderer, Deputy General Counsel, Office of 
Federal Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 
20552
Phone: 202 414-3804

RIN: 2550-AA20
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3323. SAFETY AND SOUNDNESS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4513(a); 12 USC 4513(b)(1) to (b)(5); 12 USC 
4517(a); 12 USC 4521(a)(2) to (a)(3); 12 USC 4631; 12 USC 4632; 12 USC 
4636

CFR Citation: 12 CFR 1720

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight (OFHEO) 
will propose a regulation to increase transparency and public awareness 
of the supervisory standards that OFHEO applies in overseeing the safe 
and sound operation of the Federal National Mortgage Association and 
the Federal Home Loan Mortgage Corporation.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

[[Page 33945]]

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Alfred M. Pollard, General Counsel, Office of Federal 
Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 20552
Phone: 202 414-3788
Email: [email protected]

RIN: 2550-AA22
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Office of Federal Housing Enterprise Oversight (OFHEO)Completed Actions






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3324. RISK-BASED CAPITAL

Priority: Economically Significant. Major under 5 USC 801.

CFR Citation: 12 CFR 1750

Completed:
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Reason                            Date                      FR Cite

________________________________________________________________________

Final Rule                      09/13/01                    66 FR 47730
Final Rule Effective            09/13/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: David A. Felt
Phone: 202 414-3750

Related RIN: Related To 2550-AA23
RIN: 2550-AA02
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3325. PROMPT SUPERVISORY RESPONSE AND PROMPT CORRECTIVE ACTION

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 1777

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    01/25/02                     67 FR 3587
Final Action Effective          02/25/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Alfred M. Pollard
Phone: 202 414-3788
Email: [email protected]

RIN: 2550-AA12
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3326. FLOOD INSURANCE

Priority: Info./Admin./Other

CFR Citation: 12 CFR 1773

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/18/01                    66 FR 65097
Final Action Effective          12/18/01

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Alfred M. Pollard
Phone: 202 414-3788
Email: [email protected]

RIN: 2550-AA21
_______________________________________________________________________




3327. RISK-BASED CAPITAL

Priority: Other Significant

CFR Citation: 12 CFR 1750

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/18/01                    66 FR 65146
Final Action                    03/15/02                    67 FR 11849
Final Action Effective          04/15/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Leonard F. Reid
Phone: 202 414-3754

David A. Felt
Phone: 202 414-3750

Related RIN: Related To 2550-AA02
RIN: 2550-AA23
[FR Doc. 02-7680 Filed 05-10-02; 8:45 am]
BILLING CODE 4220-$$-S