Regulacje i polityka gospodarcza · 24.09.1998

Rules of Practice and procedure

The Office of Federal Housing Enterprise Oversight is proposing to adopt a regulation that establishes the rules of practice and procedure to be followed when OFHEO conducts hearings on the record. The proposed regulation implements the provisions of title XIII of the Housing and Community Development Act of 1992, known as the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, regarding hearings on the record in certain enforcement actions against the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or directors or executive officers of the Enterprises. The proposed regulation would provide OFHEO personnel, the Enterprises, the Enterprises' directors and executive officers and other interested parties with the guidance necessary to prepare for and participate in such hearings.