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


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Part LIV





Federal Housing Finance Board





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Semiannual Regulatory Agenda

[[Page 74196]]



FEDERAL HOUSING FINANCE BOARD (FHFB)






_______________________________________________________________________

FEDERAL HOUSING FINANCE BOARD

12 CFR Ch. IX

Agenda of Federal Regulatory and Deregulatory Actions

AGENCY: Federal Housing Finance Board.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: The Federal Housing Finance Board (Finance Board) hereby 
publishes items for the Unified Agenda of Federal Regulatory and 
Deregulatory Actions, as required by section 4 of Executive Order 
12866. The Finance Board is an independent agency in the executive 
branch of the Government that is charged by statute with supervising 
and regulating the Nation's Federal Home Loan Bank (Bank) System and 
the Financing Corporation (FICO). The Bank System comprises 12 regional 
Federal Home Loan Banks that are each owned by their member financial 
institutions and that provide wholesale credit to members and certain 
nonmembers to be used for mortgage lending and related community-
lending activities. The Bank System also includes the Office of 
Finance, which issues Bank System consolidated obligations. FICO is a 
corporate entity separate from the Bank System that oversees 
outstanding debt issued to assist in resolving the savings and loan 
crisis of the 1980s. The Finance Board has an ongoing need to adopt 
various regulations dealing with the agency's internal administration 
and with Bank System and FICO issues.

     This edition of the Unified Agenda of Federal Regulatory and 
Deregulatory Actions includes The Regulatory Plan, which appears in 
part II of this issue of the Federal Register. The Finance Board's 
Statement of Regulatory Priorities is included in part II.

ADDRESSES: Federal Housing Finance Board, 1777 F Street NW., 
Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT: Sheila S. Willis, Office of General 
Counsel, Federal Housing Finance Board, 1777 F Street NW., Washington, 
DC 20006, (202) 408-2876; E-mail: [email protected].

Dated: September 16, 2004.

By the Federal Housing Finance Board.

 Mark J. Tenhundfeld,

General Counsel.

                                Federal Housing Finance Board--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
4041        Board Governance......................................................................    3069-AB19
4042        New Business Activities...............................................................    3069-AB20
4043        Community Support Requirements........................................................    3069-AB21
4044        Federal Home Loan Bank Appointed Directors............................................    3069-AB24
4045        Affordable Housing Program............................................................    3069-AB26
4046        Federal Home Loan Bank Anti-Money Laundering Programs.................................    3069-AB27
4047        Data Reporting Requirements for the Federal Home Loan Banks...........................    3069-AB28
----------------------------------------------------------------------------------------------------------------


                                Federal Housing Finance Board--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
4048        Acquired Member Assets................................................................    3069-AB18
4049        Public Disclosure.....................................................................    3069-AB22
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Federal Housing Finance Board (FHFB)                  Long-Term Actions






_______________________________________________________________________




4041. BOARD GOVERNANCE

Priority: Other Significant

CFR Citation: 12 CFR 915; 12 CFR 917; 12 CFR 918

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Neil R. Crowley
Phone: 202 408-2990
Email: [email protected]

RIN: 3069-AB19
_______________________________________________________________________




4042. NEW BUSINESS ACTIVITIES

Priority: Other Significant

CFR Citation: 12 CFR 980

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Neil R. Crowley
Phone: 202 408-2990
Email: [email protected]

RIN: 3069-AB20
_______________________________________________________________________




4043. COMMUNITY SUPPORT REQUIREMENTS

Priority: Other Significant

CFR Citation: 12 CFR 944

Timetable: Next Action Undetermined

Regulatory Flexibility Analysis Required: No

[[Page 74197]]

Government Levels Affected: None

Agency Contact: Janice A. Kaye
Phone: 202 408-2505
Email: [email protected]

RIN: 3069-AB21
_______________________________________________________________________




4044. FEDERAL HOME LOAN BANK APPOINTED DIRECTORS

Priority: Other Significant

CFR Citation: 12 CFR 915

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            03/19/03                    68 FR 13238
NPRM Comment Period End         06/17/03
Final Action                     To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Patricia L. Sweeney
Phone: 202 408-2872
Email: [email protected]

Thomas E. Joseph
Phone: 202 408-2512
Email: [email protected]

RIN: 3069-AB24
_______________________________________________________________________




4045. AFFORDABLE HOUSING PROGRAM

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

CFR Citation: 12 CFR 951

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Sharon B. Like
Phone: 202 408-2930
Fax: 202 408-2580
Email: [email protected]

RIN: 3069-AB26
_______________________________________________________________________




4046. FEDERAL HOME LOAN BANK ANTI-MONEY LAUNDERING PROGRAMS

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is 
undetermined.

CFR Citation: 12 CFR 979

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Thomas Hearn
Phone: 202 408-2976

RIN: 3069-AB27
_______________________________________________________________________




4047.  DATA REPORTING REQUIREMENTS FOR THE FEDERAL 
HOME LOAN BANKS

Priority: Substantive, Nonsignificant

Legal Authority: None

CFR Citation: 12 CFR 999

Legal Deadline: None

Abstract: The Finance Board is considering a rulemaking that would 
address data reporting requirements for the Federal Home Loan Banks.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Thomas Hearn, Attorney-Advisor, Federal Housing Finance 
Board, 1777 F Street, N.W., Washington, DC 20006
Phone: 202 408-2976

RIN: 3069-AB28
_______________________________________________________________________


Federal Housing Finance Board (FHFB)                  Completed Actions






_______________________________________________________________________




4048. ACQUIRED MEMBER ASSETS

Priority: Other Significant

Legal Authority: 12 USC 1422a; 12 USC 1422b; 12 USC 1430; 12 USC 1430b; 
12 USC 1431

CFR Citation: 12 CFR 900; 12 CFR 932; 12 CFR 955

Legal Deadline: None

Abstract: This rulemaking has been withdrawn from consideration.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/01/03                    68 FR 39027
NPRM Comment Period End         09/02/03
NPRM Withdrawal                 09/17/03                    68 FR 54396
Withdrawn                       09/15/04

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Sharon B. Like, Senior Attorney-Advisor, Federal 
Housing Finance Board, 1777 F Street NW., Washington, DC 20006
Phone: 202 408-2930
Fax: 202 408-2580
Email: [email protected]

Scott Smith, Associate Director, Economics & Financial Analysis, 
Federal Housing Finance Board, Office of Supervision, 1777 F Street 
NW., Washington, DC 20006
Phone: 202 408-2991
Email: [email protected]

RIN: 3069-AB18
_______________________________________________________________________




4049. PUBLIC DISCLOSURE

Priority: Other Significant

Legal Authority: 12 USC 1422b(a); 12 USC 1422a(a)

CFR Citation: 12 CFR 900; 12 CFR 998

Legal Deadline: None

Abstract: The Finance Board published a final rule requiring each 
Federal Home Loan Bank to register a class of its equity securities 
with the Securities and Exchange Commission under the registration 
provisions of section 12(g)(1) of the Securities Exchange Act of 1934.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            09/17/03                    68 FR 54396
NPRM Comment Period End         01/15/04

[[Page 74198]]

Final Action                    06/29/04                    69 FR 38799
Final Action Effective          07/29/04

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: John P. Foley, Senior Attorney, Federal Housing Finance 
Board, 1777 F Street NW., Washington, DC 20552
Phone: 202 408-2932
Email: [email protected]

Joseph A. McKenzie, Deputy Chief Economist, Federal Housing Finance 
Board, 1777 F Street NW., Washington, DC 20006
Phone: 202 408-2845
Email: [email protected]

RIN: 3069-AB22
[FR Doc. 04-22115 Filed 12-10-04; 8:45 am]
BILLING CODE 6725-01-S