# Reporting of Fraudulent Financial Instruments
> **US Federal Housing Finance Agency** · Final regulation. · Published 2010-01-27 · Effective 2010-02-26 · 75 FR 4255
## Document
- **Document number:** 2010-1641
- **Category:** other
- **Agency:** US Federal Housing Finance Agency
- **Federal Register citation:** 75 FR 4255
- **CFR reference:** 12 CFR 1233
- **Publication date:** 2010-01-27
- **Effective date:** 2010-02-26
## Abstract

The Federal Housing Finance Agency (FHFA) is issuing a final regulation that requires the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and each Federal Home Loan Bank (collectively, regulated entities) to submit a timely report to FHFA upon discovery that it has purchased or sold a fraudulent loan or financial instrument, or suspects a possible fraud relating to the purchase or sale of any loan or financial instrument. The final regulation also requires the regulated entities to establish and maintain internal controls, policies, procedures, and operational training programs to ensure that any fraudulent loan or financial instrument or possible fraudulent loan or financial instrument is discovered and reported.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2010/01/27/2010-1641/reporting-of-fraudulent-financial-instruments)
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