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Repeal of Federal Housing Finance Board Regulations; Technical Amendments to FHFA Regulations

FHFA · final-rule · Published 2018-08-09 · Effective 2018-09-10 · 83 FR 39323

Document

Document number
2018-16972
Federal Register citation
83 FR 39323
CFR reference
12 CFR 900
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Housing Finance Agency
Publication date
2018-08-09
Effective date
2018-09-10

Abstract

The Federal Housing Finance Agency (FHFA) is repealing two parts of the Federal Housing Finance Board (Finance Board) regulations, which define terms used in Finance Board regulations, and which describe the process by which the Finance Board conducted its monthly interest rate survey (MIRS). The repealed definitions are either obsolete or duplicate definitions that FHFA has previously adopted. The regulation relating to the MIRS has become outdated because it does not accurately describe the manner in which FHFA currently conducts the survey. Although FHFA intends to continue to conduct the MIRS in the same manner as it is doing presently, there is no need to carry over this provision into its own regulations. This final rule also repeals a number of subchapters of the Finance Board regulations that it had previously reserved, but which no longer serve any purpose because they include no regulatory text, corrects inaccurate cross-references in regulations described in this rulemaking, and amends a table to update information relating to information collections under the Paperwork Reduction Act.

Source

Authoritative
Federal Register document
Machine
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