Fannie Mae (FNMA)

[Robert from yahoo bd]

"Today’s rule establishes that FHFA will determine which new activities merit public notice and comment, and therefore should be treated as new products and subject to prior approval. In addition, the final rule establishes a public disclosure requirement for FHFA to publish its determinations on new activity and new product submissions.

The final rule implements Section 1321 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by Section 1123 of the Housing and Economic Recovery Act of 2008.?

The final rule will be effective 60 days from the date it is published in the Federal Register."

https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Announces-Final-Rule-for-New-Enterprise-Products-and-Activities.aspx