Federal Register / Vol. 87, No. 51 / Wednesday, March 16, 2022 / Rules and Regulations 14763 

notices issued to applicants prior to 

their interview. 

List of Subjects in 8 CFR Part 208 

Administrative practice and 

procedure, Aliens, Immigration, 

Reporting and recordkeeping 

requirements. 

Accordingly, for the reasons set forth 

in the preamble, the Secretary of 

Homeland Security amends 8 CFR part 

208 as follows: 

PART 208—PROCEDURES FOR 

ASYLUM AND WITHHOLDING OF 

REMOVAL 

■ 1. The authority citation for part 208 

continues to read as follows: 

Authority: 8 U.S.C. 1101, 1103, 1158, 1226, 

1252, 1282; Title VII of Pub. L. 110–229; 8 

CFR part 2; Pub. L. 115–218. 

■ 2. Effective from March 16, 2022 

through March 16, 2023, amend § 208.9 

by revising paragraph (h) introductory 

text to read as follows: 

§ 208.9 Procedure for interview before an 

asylum officer. 

* * * * * 

(h) Asylum applicant interpreters. For 

asylum interviews conducted between 

March 16, 2022, through March 16, 

2023: 

* * * * * 

Alejandro Mayorkas, 

Secretary, U.S. Department of Homeland 

Security. 

[FR Doc. 2022–05636 Filed 3–15–22; 8:45 am] 

BILLING CODE 9111–97–P 

FEDERAL HOUSING FINANCE 

AGENCY 

12 CFR Part 1238 

[No. 2022–N–3] 

Orders: Reporting by Regulated 

Entities of Stress Testing Results as of 

December 31, 2021; Summary 

Instructions and Guidance 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: Orders. 

SUMMARY: In this document, the Federal 

Housing Finance Agency (FHFA) 

provides notice that it issued Orders, 

dated March 10, 2022, with respect to 

stress test reporting as of December 31, 

2021, under section 165(i)(2) of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act (Dodd-Frank 

Act), as amended by section 401 of the 

Economic Growth, Regulatory Relief, 

and Consumer Protection Act 

(EGRRCPA). Summary Instructions and 

Guidance accompanied the Orders to 

provide testing scenarios. 

DATES: Each Order is applicable March 

10, 2022. 

FOR FURTHER INFORMATION CONTACT: 

Andrew Varrieur, Acting Senior 

Associate Director, Office of Capital 

Policy, (202) 649–3141, 

Andrew.Varrier@fha.gov; Karen Heidel, 

Assistant General Counsel, Office of 

General Counsel, (202) 649–3073, 

Karen.Heidel@fhfa.gov; or Mark D. 

Laponsky, Deputy General Counsel, 

Office of General Counsel, (202) 649– 

3054, Mark.Laponsky@fhfa.gov. For 

TTY/TRS users with hearing and speech 

disabilities, dial 711 and ask to be 

connected to any of the contact numbers 

above. 

SUPPLEMENTARY INFORMATION: 

I. Background 

FHFA is responsible for ensuring that 

the regulated entities operate in a safe 

and sound manner, including the 

maintenance of adequate capital and 

internal controls, that their operations 

and activities foster liquid, efficient, 

competitive, and resilient national 

housing finance markets, and that they 

carry out their public policy missions 

through authorized activities. See 12 

U.S.C. 4513. These Orders are being 

issued under 12 U.S.C. 4516(a), which 

authorizes the Director of FHFA to 

require by Order that the regulated 

entities submit regular or special reports 

to FHFA and establishes remedies and 

procedures for failing to make reports 

required by Order. The Orders, through 

the accompanying Summary 

Instructions and Guidance, prescribe for 

the regulated entities the scenarios to be 

used for stress testing. The Summary 

Instructions and Guidance also provides 

to the regulated entities advice 

concerning the content and format of 

reports required by the Orders and the 

rule. 

II. Orders, Summary Instructions and 

Guidance 

For the convenience of the affected 

parties and the public, the text of the 

Orders follows below in its entirety. The 

Orders and Summary Instructions and 

Guidance are also available for public 

inspection and copying at the Federal 

Housing Finance Agency’s Freedom of 

Information Act (FOIA) Reading Room 

at https://www.fhfa.gov/AboutUs/ 

FOIAPrivacy/Pages/Reading-Room.aspx 

by clicking on ‘‘Click here to view 

Orders’’ under the Final Opinions and 

Orders heading. You may also access 

these documents at http://www.fhfa.gov/ 

SupervisionRegulation/ 

DoddFrankActStressTests. 

The text of the Orders is as follows: 

Federal Housing Finance Agency 

Order Nos. 2022–OR–FNMA–1 and 

2022–OR–FHLMC–1 

Reporting by Regulated Entities of Stress 

Testing Results as of December 31, 2021 

Whereas, section 165(i)(2) of the 

Dodd-Frank Wall Street Reform and 

Consumer Protection Act (‘‘Dodd-Frank 

Act’’), as amended by section 401 of the 

Economic Growth, Regulatory Relief, 

and Consumer Protection Act 

(‘‘EGRRCPA’’) requires certain financial 

companies with total consolidated 

assets of more than $250 billion, and 

which are regulated by a primary 

Federal financial regulatory agency, to 

conduct periodic stress tests to 

determine whether the companies have 

the capital necessary to absorb losses as 

a result of severely adverse economic 

conditions; 

Whereas, FHFA’s rule implementing 

section 165(i)(2) of the Dodd-Frank Act, 

as amended by section 401 of EGRRCPA 

is codified as 12 CFR 1238 and requires 

that ‘‘[e]ach Enterprise must file a report 

in the manner and form established by 

FHFA.’’ 12 CFR 1238.5(b); 

Whereas, The Board of Governors of 

the Federal Reserve System issued stress 

testing scenarios on February 10, 2022; 

and 

Whereas, section 1314 of the Safety 

and Soundness Act, 12 U.S.C. 4514(a) 

authorizes the Director of FHFA to 

require regulated entities, by general or 

specific order, to submit such reports on 

their management, activities, and 

operation as the Director considers 

appropriate. 

Now therefore, it is hereby Ordered as 

follows: 

Each Enterprise shall report to FHFA 

and to the Board of Governors of the 

Federal Reserve System the results of 

the stress testing as required by 12 CFR 

1238, in the form and with the content 

described therein and in the Summary 

Instructions and Guidance, with 

Appendices 1 through 7 thereto, 

accompanying this Order and dated 

March 10, 2022. 

It is so ordered, this the 10th day of 

March, 2022. 

This Order is effective immediately. 

Signed at Washington, DC, this 10th day of 

March, 2022. 

Sandra L. Thompson, 

Acting Director, Federal Housing Finance 

Agency. 

[FR Doc. 2022–05437 Filed 3–15–22; 8:45 am] 

BILLING CODE 8070–01–P 


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