[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 23344]]



OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT (OFHEO)                 


  



_______________________________________________________________________

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 5, 2007.

 James B. Lockhart III,

Director, Office of Federal Housing Enterprise Oversight.

                       Office of Federal Housing Enterprise Oversight--Proposed Rule Stage
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3111        Enforcement of Nondiscrimination on the Basis of Disability in Programs or Activities     2550-AA11
            Conducted by the Office of Federal Housing Enterprise Oversight.......................
3112        Conservators and Conservatorship......................................................    2550-AA30
3113        Prompt Corrective Action Amendment....................................................    2550-AA36
3114        Organization and Functions............................................................    2550-AA37
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                        Office of Federal Housing Enterprise Oversight--Long-Term Actions
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3115        Minimum Capital.......................................................................    2550-AA18
3116        Corporate Governance--Prohibition on Indemnification Payments.........................    2550-AA32
3117        Risk-Based Capital Loss Severity Amendment............................................    2550-AA38
3118        Regulatory Reporting Standards--Data Call/Collection..................................    2550-AA39
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                        Office of Federal Housing Enterprise Oversight--Completed Actions
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                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
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3119        Record Retention......................................................................    2550-AA34
3120        Risk-Based Capital Amendment..........................................................    2550-AA35
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Office of Federal Housing Enterprise Oversight (OFHEProposed Rule Stage


  



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3111. 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: The Office of Federal Housing Enterprise Oversight will, upon 
receipt of requested guidance from the Department of Justice (DOJ), 
propose a regulation to effectuate section 119 of the Rehabilitation 
Comprehensive Services, and Developmental Disabilities Amendment of 
1978, which amended section 504 of the Rehabilitation Act of 1973 to 
prohibit discrimination on the basis of disability in programs or 
activities conducted by executive agencies or the United States Postal 
Service.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/00/07

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

RIN: 2550-AA11

[[Page 23345]]

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3112. CONSERVATORS AND CONSERVATORSHIP

Priority: Substantive, Nonsignificant

Unfunded Mandates: Undetermined

Legal Authority: 12 USC 4513, 4515 to 4517, 4619 to 4621

CFR Citation: 12 CFR 1771

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight intends to 
solicit comments on a proposed regulation governing the appointment of 
a conservator for either Fannie Mae or Freddie Mac and the operation of 
the resulting conservatorship.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/07

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-AA30
_______________________________________________________________________




3113. PROMPT CORRECTIVE ACTION AMENDMENT

Priority: Info./Admin./Other

Legal Authority: 12 USC 4513(b); 12 USC 4611 to 4619

CFR Citation: 12 CFR 1777

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight intends to 
publish a technical amendment to its Prompt Corrective Action 
regulation to delete an obsolete provision governing capital 
classifications of the Enterprises before the effective date of the 
Risk-Based Capital rule. This provision no longer has any affect 
because the Risk-Based Capital rule is now effective.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            08/00/07

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

Related RIN: Related to 2550-AA35
RIN: 2550-AA36
_______________________________________________________________________




3114. ORGANIZATION AND FUNCTIONS

Priority: Info./Admin./Other

Legal Authority: 5 USC 552; 12 USC 4513; 12 USC 4526

CFR Citation: 12 CFR 1700

Legal Deadline: None

Abstract: Revision of organizational structure to affirm the 
establishment of an Office of Supervision and to confirm the position 
of Director of Supervision.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/00/07

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Mary Alice Donner, Senior Counsel, Office of Federal 
Housing Enterprise Oversight, 1700 G Street NW, Washington, DC 20552
Phone: 202 343-1319
Fax: 202-414-6514
Email: [email protected]

Related RIN: Related to 2550-AA33, Related to 2550-AA29, Related to 
2550-AA27
RIN: 2550-AA37
_______________________________________________________________________


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


  



_______________________________________________________________________




3115. MINIMUM CAPITAL

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4612

CFR Citation: 12 CFR 1750

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight intends to 
request comments on a proposed amendment to its Minimum Capital rule to 
accommodate changes in Generally Accepted Accounting Principles, 
clarify reporting requirements, and make supervisory monitoring of 
capital more transparent.

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

Related RIN: Related to 2550-AA03
RIN: 2550-AA18
_______________________________________________________________________




3116. CORPORATE GOVERNANCE--PROHIBITION ON INDEMNIFICATION PAYMENTS

Priority: Other Significant

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

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The Office of Federal Housing Enterprise Oversight intends to 
solicit comments on a proposed amendment to the existing corporate 
governance regulation to enhance the minimum corporate governance 
standards applicable to the Enterprises by clarifying limits in 
indemnification payments by the Enterprises and conforming the limits 
to those of other financial institution regulatory agencies.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:

[[Page 23346]]

www.ofheo.gov

URL For Public Comments:
[email protected]">[email protected]

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

Related RIN: Related to 2550-AA24, Related to 2550-AA20
RIN: 2550-AA32
_______________________________________________________________________




3117. [bull] RISK-BASED CAPITAL LOSS SEVERITY AMENDMENT

Priority: Other Significant

Legal Authority: 12 USC 4513; 12 USC 4514; 12 USC 4611; 12 USC 4612; 12 
USC 4614; 12 USC 4615; 12 USC 4618;

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: OFHEO intends to solicit comments regarding proposed 
revisions to appendix A, subpart B, of 12 CFR part 1750 Risk-Based 
Capital regulation. These revisions would strengthen the risk 
sensitivity of the Enterprises' risk-based capital requirement by 
correcting the loss severity equations that currently understate losses 
on certain defaulted single-family conventional and Government 
guaranteed loans. It would also amend treatment of FHA insurance in the 
econometric model in order to conform the treatment to current law. The 
projected publication date of the proposed amendment is undetermined.

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

Related RIN: Related to 2550-AA35, Related to 2550-AA26, Related to 
2550-AA23
RIN: 2550-AA38
_______________________________________________________________________




3118. [bull] REGULATORY REPORTING STANDARDS--DATA CALL/COLLECTION

Priority: Other Significant

Legal Authority: Not Yet Determined

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: This envisioned regulation would implement Regulatory 
Reporting Standards by setting specific data collection standards and 
reporting requirements for the Enterprises.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: No

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
Fax: 202 414-6504
Email: [email protected]

RIN: 2550-AA39
_______________________________________________________________________


Office of Federal Housing Enterprise Oversight (OFHEO)Completed Actions


  



_______________________________________________________________________




3119. RECORD RETENTION

Priority: Other Significant

CFR Citation: 12 CFR 1732

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    10/27/06                    71 FR 62879

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Christine C. Dion
Phone: 202 414-3838

RIN: 2550-AA34
_______________________________________________________________________




3120. RISK-BASED CAPITAL AMENDMENT

Priority: Other Significant

CFR Citation: 12 CFR 1750

Completed:
________________________________________________________________________

Reason                            Date                      FR Cite

________________________________________________________________________

Final Action                    12/14/06                    71 FR 75085

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

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

Related RIN: Previously reported as 2550-AA26
RIN: 2550-AA35
[FR Doc. 07-01249 Filed 04-27-07; 8:45 am]
BILLING CODE 4220-01-S
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