Fannie Mae (FNMA)

[Robert from yahoo bd]

SUMMARY OF THE FINAL RULE
The final rule retains the key
concepts from the proposed rule
and:
• clarifies the scope of a new
activity and a new product;
• enhances the review of
pilots;
• clarifies which activities are
excluded from the review
and approval requirements
and expands the criteria for
excluded substantially
similar activities;
• distinguishes the
information requirements
for new product and new
activity submissions and
reduces the amount of
information required for a
Notice of New Activity; and
• clarifies and improves other
procedural elements of the
rule such as by making
explicit that an Enterprise
may consult with FHFA
prior to submitting a Notice
of New Activity.
The final rule also establishes a
public disclosure requirement
for FHFA to report on its
determinations on new activity
and new product submissions.

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Will this make it easier for the FHFA to shovel subsidized and loss underwritten mortgages to the current administrations target voter base?

A new substitute for the soon to be extinct $20,000 student loan forgiveness?