# Prior Approval for Enterprise Products
> **US Federal Housing Finance Agency** · Final rule. · Published 2022-12-27 · Effective 2023-02-27 · 87 FR 79217
## Document
- **Document number:** 2022-27942
- **Category:** final-rule
- **Agency:** US Federal Housing Finance Agency
- **Federal Register citation:** 87 FR 79217
- **CFR reference:** 12 CFR 1253
- **Publication date:** 2022-12-27
- **Effective date:** 2023-02-27
## Abstract

The Federal Housing Finance Agency (FHFA or Agency) is adopting a final rule that establishes a process for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to provide advance notice to the FHFA Director before offering a new activity to the market and to obtain prior approval from the Director before offering a new product to the market.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2022/12/27/2022-27942/prior-approval-for-enterprise-products)
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