[Federal Register Volume 73, Number 198 (Friday, October 10, 2008)]
[Proposed Rules]
[Pages 60192-60198]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-23517]


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Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

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Federal Register / Vol. 73, No. 198 / Friday, October 10, 2008 / 
Proposed Rules

[[Page 60192]]



FEDERAL HOUSING FINANCE AGENCY

12 CFR Part 1202

RIN 2590-AA05


Freedom of Information Act

AGENCY: Federal Housing Finance Agency.

ACTION: Notice of Proposed Rulemaking.

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SUMMARY: The Federal Housing Finance Agency (FHFA) is proposing a 
regulation and soliciting comments on implementation of the Freedom of 
Information Act (FOIA) (U.S.C. 552), establishing procedures for public 
disclosure of information required to be disclosed under the FOIA, and 
procedures to protect from disclosure business confidential and trade 
secret information, as appropriate.

DATES: Comments regarding this Notice of Proposed Rulemaking must be 
received in writing on or before November 10, 2008. For additional 
information, see SUPPLEMENTARY INFORMATION.

ADDRESSES: You may submit your comments on the proposed rulemaking, 
identified by ``RIN 2590-AA05,'' by any of the following methods:
    <bullet> E-mail: <a href="/cdn-cgi/l/email-protection#fcae999bbf9391919992888fbc9a949a9dd29b938a"><span class="__cf_email__" data-cfemail="194b7c7e5a7674747c776d6a597f717f78377e766f">[email protected]</span></a>. Please include ``RIN-2590-
AA05'' in the subject line of the message.
    <bullet> Any U.S. Mail service, United Parcel Service, Federal 
Express, or other commercial delivery service, addressed to: Alfred M. 
Pollard, General Counsel, (Office of Federal Housing Enterprise 
Oversight) (OFHEO)) and Christopher Curtis, General Counsel (Federal 
Housing Finance Board (FHFB)), Attention: Comments/RIN 2590-AA05, 
Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., 
Washington, DC 20552.
    <bullet> Hand Delivery/Courier to: Alfred M. Pollard, General 
Counsel (OFHEO) and Christopher Curtis, General Counsel (FHFB), 
Attention: Comments/RIN 2590-AA05, Federal Housing Finance Agency, 
Fourth Floor, 1700 G Street, NW., Washington, DC 20552. The package 
should be logged at the Guard Desk, First Floor, on business days 
between 9 a.m. and 3 p.m.

FOR FURTHER INFORMATION CONTACT: Mark D. Laponsky, Deputy General 
Counsel, telephone (202) 414-3832, (not a toll free number), Federal 
Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, 
DC 20552. The telephone number for the Telecommunications Device for 
the Deaf is (800) 877-8339.

SUPPLEMENTARY INFORMATION:

I. Comments

    The Federal Housing Finance Agency (FHFA) invites comment on all 
aspects of the proposed regulation, and will take all relevant comments 
into consideration before issuing the final regulation.
    Instructions: FHFA requests that comments submitted in hard copy 
also be accompanied by the electronic version in Microsoft Word[supreg] 
or in a portable document format (PDF) on 3.5'' disk or CD-ROM. All 
submissions received must include the agency name or Regulatory 
Information Number (RIN) for this rulemaking. Copies of all comments 
received will be posted without change on the internet web site, http://www.ofheo.gov, and will include any personal information provided. In 
addition, copies of all comments received will be available for 
examination by the public on business days between the hours of 10 a.m. 
and 3 p.m. at the Federal Housing Finance Agency, Fourth Floor, 1700 G 
Street, NW., Washington, DC 20552. To make an appointment to inspect 
comments, please call the Office of General Counsel (OFHEO) at (202) 
414-3751.

II. Background

    The Federal Housing Finance Regulatory Reform Act of 2008 (Act) 
(Pub. L. 110-289), established FHFA as an independent agency of the 
Federal Government to ensure that the Federal National Mortgage 
Association (Fannie Mae), the Federal Home Loan Mortgage Corporation 
(Freddie Mac) and the Federal Home Loan Banks (collectively, the 
Regulated Entities) are capitalized adequately and operate safely and 
soundly and in compliance with applicable laws, rules and regulations.

III. Section-by-Section Analysis

Section 1202.1 Why did FHFA Issue this Regulation?

    This section describes the purpose of the part to implement the 
Freedom of Information Act (FOIA), explaining FHFA's general policies 
and procedures for disclosing information under the FOIA.

Section 1202.2 What do the Terms in this Regulation Mean?

    This section sets forth definitions of many terms relevant to the 
proposed regulation.

Section 1202.3 What Information can I Obtain through FOIA?

    This section describes for the public the type of information that 
may be obtained under the FOIA.

Section 1202.4 What Information is Exempt from Disclosure?

    This section describes records that FHFA does not have to disclose 
even if requested.

Section 1202.5 How do I Request Information from FHFA under FOIA?

    This section explains what a person must do to submit a valid 
request to FHFA to disclose records. It describes the information to 
provide; allowing FHFA to identify the records sought and determine 
whether they can be disclosed.

Section 1202.6 What if my Request does not have all the Information 
FHFA Requires?

    This section explains that FHFA will give requesters an opportunity 
to modify or amend a request that is incomplete or insufficient. It 
also explains how FHFA will treat such requests until adequate 
information is received.

Section 1202.7 How will FHFA Respond to my FOIA Request?

    This section describes FHFA's multi-track method of processing 
requests and the time within which FHFA will respond to requests. It 
also explains that FHFA will grant or deny requests in writing, provide 
reasons if a request is denied in whole or in part, refer the request 
to another agency if it is appropriate to do so, and explain the right 
of appeal.

[[Page 60193]]

Section 1202.8 If the Records I Request Contain Confidential Commercial 
Information, what Procedures will FHFA Follow?

    This section explains how FHFA complies with Executive Order No. 
12,600 and describes special procedures required before FHFA discloses 
confidential commercial information in response to a FOIA request.

Section 1202.9 How do I Appeal a Response Denying my FOIA Request?

    This section describes the process by which a requester whose 
request is denied in whole or in part may appeal. It explains when and 
how to appeal and how and within what time limits FHFA will respond to 
appeals.

Section 1202.10 Will FHFA Expedite My Request or Appeal?

    This section explains how a person can ask FHFA to expedite a 
request or your appeal. It describes the reasons that justify 
expediting a request or an appeal and the time within which FHFA will 
notify the person that the request or appeal will or will not be 
expedited.

Section 1202.11 What Will It Cost To Get the Records I Requested?

    This section explains when FHFA will charge for searching for and 
providing copies of records and how to identify the costs FHFA will 
charge.

Section 1202.12 Is There Anything Else I Need To Know About FOIA 
Procedures?

    This section explains that FHFA's FOIA regulation does not create 
any independent rights, but provides procedures for exercising rights 
granted by the FOIA.

Regulatory Impacts

Paperwork Reduction Act

    The proposed regulations in this part do not contain any 
information collection requirement that requires the approval of OMB 
under the Paperwork Reduction Act (44 U.S.C. 3501 et seq.).

Regulatory Flexibility Act

    The Regulatory Flexibility Act (5 U.S.C. 601 et seq.) requires that 
a regulation that has a significant economic impact on a substantial 
number of small entities, small businesses, or small organizations must 
include an initial regulatory flexibility analysis describing the 
regulation's impact on small entities. Such an analysis need not be 
undertaken if the agency has certified that the regulation does not 
have a significant economic impact on a substantial number of small 
entities (5 U.S.C. 605(b)). The FHFA has considered the impact of the 
proposed regulation under the Regulatory Flexibility Act. The FHFA 
certifies that the proposed regulation is not likely to have a 
significant economic impact on a substantial number of small business 
entities because the regulation is applicable only to the internal 
operations and legal obligations of the FHFA.

List of Subjects in 12 CFR Part 1202

    Appeals, Confidential commercial information, Disclosure, 
Exemptions, Fees, Final action, Freedom of Information Act, Judicial 
review, Records, Requests.

    Accordingly, for the reasons stated in the preamble, the FHFA 
proposes to amend 12 CFR chapter XII by adding part 1202 to subchapter 
A to read as follows.

PART 1202--FREEDOM OF INFORMATION ACT

Sec.
1202.1 Why did FHFA issue this part?
1202.2 What do the terms in this part mean?
1202.3 What information can I obtain through FOIA?
1202.4 What information is exempt from disclosure?
1202.5 How do I request information from FHFA under FOIA?
1202.6 What if my request does not have all the information FHFA 
requires?
1202.7 How will FHFA respond to my FOIA request?
1202.8 If the records I request contain confidential commercial 
information, what procedures will FHFA follow?
1202.9 How do I appeal a response denying my FOIA request?
1202.10 Will FHFA expedite my request or appeal?
1202.11 What will it cost to get the records I requested?
1202.12 Is there anything else I need to know about FOIA procedures?

    Authority: Public Law 110-289, 122 Stat. 2654; 5 U.S.C. 301, 
552; 12 U.S.C. 4526; E.O. 12600, 52 FR 23781, 3 CFR, 1987 Comp., p. 
235; E.O. 13392, 70 FR 75373-75377, 3 CFR, 2006 Comp., p. 216-200.


Sec.  1202.1  Why did FHFA issue this part?

    (a) The Freedom of Information Act (FOIA) (5 U.S.C. 552), is a 
federal law that requires the Federal Housing Finance Agency (FHFA) and 
other government agencies to disclose records to the public.
    (b) This part explains the rules that FHFA follows when processing 
and responding to requests for records under the FOIA. It also explains 
what you must do to request records from FHFA under the FOIA. You 
should read this part together with the FOIA, which explains in more 
detail your rights and the records FHFA may release to you.
    (c) If you want to request information about yourself under the 
Privacy Act (5 U.S.C. 552a), you should file your request using FHFA's 
Privacy Act regulations at part 1204 of this Title. If you file a FOIA 
request for information about yourself, FHFA will process it as a 
request under the separate Privacy Act rules.
    (d) FHFA may make public information that it routinely publishes or 
discloses when performing its activities without following these 
procedures.


Sec.  1202.2  What do the terms in this part mean?

    Some of the terms you need to understand while reading the 
regulations in this part are--
    Appeals Officer or FOIA Appeals Officer means a person designated 
by the Director of the Federal Housing Finance Agency (FHFA) to process 
appeals of denials of requests for FHFA records under the FOIA.
    Confidential commercial information means records provided to the 
government by a submitter that arguably contain material exempt from 
release under Exemption 4 of the Freedom of Information Act, 5 U.S.C. 
552(b)(4), because disclosure could reasonably be expected to cause 
substantial competitive harm.
    Days, unless stated as ``calendar days,'' are working days and do 
not include Saturdays, Sundays, and federal holidays. If the last day 
of any period prescribed herein falls on a Saturday, Sunday, or federal 
holiday, the last day of the period will be the next working day that 
is not a Saturday, Sunday, or federal holiday.
    Direct costs means the expenses, including for contract services, 
incurred by FHFA in search time, or reviewing and duplicating records 
to respond to a request for information. In the case of a commercial 
use request, the term also means those expenditures FHFA actually 
incurs in reviewing records to respond to the request. Direct costs 
include the cost of the time of the employee performing the work, the 
cost of any computer searches, and the cost of operating duplication 
equipment. Direct costs do not include overhead expenses such as costs 
of space, and heating or lighting the facility in which the records are 
stored.
    Employee, for the purposes of this part, means any person holding 
an appointment to a position of employment with FHFA or any person who 
formerly held such an appointment; any conservator appointed

[[Page 60194]]

by FHFA; or any agent or independent contractor acting on behalf of 
FHFA, even though the appointment or contract has terminated.
    FHFA means the Federal Housing Finance Agency and includes its 
predecessor agencies, the Office of Federal Housing Enterprise 
Oversight (OFHEO), and the Federal Housing Finance Board (FHFB). FHFA 
is an agency responsible for the regulation or supervision of financial 
institutions.
    FOIA Officer and Chief FOIA Officer are persons designated by the 
Director of FHFA to process and respond to requests for FHFA records 
under the FOIA. The mailing address for the FOIA Officer or the Chief 
FOIA Officer is FHFA, 1700 G Street, NW., Washington, DC 20552.
    Readily reproducible means that the requested record or records 
exist in electronic format and can be downloaded or transferred intact 
to a computer disk, tape, or other electronic medium with equipment and 
software currently in use by FHFA.
    Record means information or documentary material FHFA maintains in 
any form or format, including electronic, which FHFA--
    (1) Created or received under federal law or in connection with the 
transaction of public business;
    (2) Preserved or determined is appropriate for preservation as 
evidence of FHFA's operations or activities or because of the value of 
the information it contains; and
    (3) Controls at the time it receives a request for disclosure.
    Regulated entities means the Federal Home Loan Mortgage Corporation 
(``Freddie Mac''), the Federal National Mortgage Association (``Fannie 
Mae''), any Federal Home Loan Bank and/or any affiliate thereof that is 
subject to the regulatory authority of FHFA.
    Requester means any person seeking access to FHFA records under the 
FOIA.
    Search time means the amount of time spent by or on behalf of FHFA 
in attempting to locate records responsive to a request, manually, or 
by electronic means, including page-by-page or line-by-line 
identification of responsive material within a record or extraction of 
electronic information from electronic storage media.
    Submitter means any person or entity providing confidential 
information to the government. The term submitter includes, but is not 
limited to corporations, state governments, and foreign governments.
    Unusual circumstances means the need to--
    (1) Search for and collect records from agencies, offices, 
facilities, or locations that are separate from the office processing 
the request;
    (2) Search, review, and duplicate a voluminous amount of separate 
and distinct records in order to process a single request; or
    (3) Consult with another agency or among two or more components of 
FHFA that have a substantial interest in the determination of a 
request.


Sec.  1202.3  What information can I obtain through FOIA?

    (a) General. FHFA generally follows a policy prohibiting employees 
from releasing or disclosing confidential or otherwise non-public 
information that FHFA possesses, except as authorized by this part or 
by the Director of FHFA, when the disclosure is necessary for the 
performance of official duties
    (b) Records. You may request that FHFA disclose to you its records 
on a subject of interest to you. The FOIA only requires the disclosure 
of records. It does not require FHFA to create compilations of 
information or to provide narrative responses to questions or queries. 
Some information is exempt from disclosure.
    (c) Reading Rooms. FHFA maintains electronic and physical reading 
rooms.
    (1) You may visit the physical reading room for FHFA and OFHEO 
records at 1700 G Street, NW., Fourth Floor, Washington, DC 20552, open 
to the public from 9 a.m. to 3 p.m. each business day. For an 
appointment, contact the FOIA Officer by calling 202-414-6425 or by e-
mail at <a href="/cdn-cgi/l/email-protection#492f262028092f212f28672e263f"><span class="__cf_email__" data-cfemail="492f262028092f212f28672e263f">[email protected]</span></a> or <a href="/cdn-cgi/l/email-protection#e5838a8c84cb8a83838c8680a58a838d808acb828a93"><span class="__cf_email__" data-cfemail="1771787e76397871717e74725778717f727839707861">[email protected]</span></a>.
    (2) You may visit the physical reading room for FHFA and FHFB 
records and at 1675 Eye Street, NW., 4th Floor, Washington, DC 20006, 
open to the public from 9 a.m. to 3 p.m. each business day. For an 
appointment, contact the FOIA Officer by calling 202-408-2505 or by e-
mail at <a href="/cdn-cgi/l/email-protection#a9cfc6c0c8e9cfc1cfc887cec6df"><span class="__cf_email__" data-cfemail="e0868f8981a086888681ce878f96">[email protected]</span></a> or <a href="/cdn-cgi/l/email-protection#1a7c75737b5a7c727c78347d756c"><span class="__cf_email__" data-cfemail="a8cec7c1c9e8cec0ceca86cfc7de">[email protected]</span></a>.
    (3) You can find FHFA's electronic reading rooms by visiting FHFA's 
Web site at http://www.fhfa.gov and linking to its predecessor 
agencies' Web sites: http://www.ofheo.gov (Office of Federal Housing 
Enterprise Oversight); and http://www.fhfb.gov (Federal Housing Finance 
Board).
    (4) Each reading room has the following records created by FHFA or 
its predecessor agencies, after November 1, 1996, and current indices 
to all of the following records created by FHFA or its predecessor 
agencies before or after November 1, 1996--
    (i) Final opinions or orders issued by FHFA, or its predecessor 
agencies in adjudication;
    (ii) Statements of policy and interpretation that have been adopted 
by FHFA or its predecessor agencies that are not published in the 
Federal Register;
    (iii) FHFA or its predecessor agencies administrative staff manuals 
and instructions to staff that affect a member of the public, and that 
are not exempt from disclosure under FOIA; and
    (iv) Copies of all records released pursuant to this subpart that 
FHFA determines have become or are likely to become the subject of 
subsequent requests for substantially the same records.


Sec.  1202.4  What information is exempt from disclosure?

    (a) General. Unless the Director of FHFA, his or her designee, any 
FHFA regulation, or a statute specifically authorizes disclosure, FHFA 
will not release records of matters that are--
    (1) Specifically authorized under criteria established by an 
Executive order to be kept secret in the interest of national defense 
or foreign policy, and is in fact properly classified pursuant to such 
Executive order.
    (2) Related solely to FHFA's internal personnel rules and 
practices.
    (3) Specifically exempted from disclosure by statute (other than 5 
U.S.C. 552b), provided that such statute--
    (i) Requires that the matters be withheld from the public in such a 
manner as to leave no discretion on the issue, or
    (ii) Establishes particular criteria for withholding or refers to 
particular types of matters to be withheld.
    (4) Trade secrets and commercial or financial information obtained 
from a person and privileged or confidential.
    (5) Contained in inter-agency or intra-agency memoranda or letters 
that would not be available by law to a private party in litigation 
with FHFA.
    (6) Contained in personnel, medical or similar files (including 
financial files) the disclosure of which would constitute a clearly 
unwarranted invasion of personal privacy.
    (7) Compiled for law enforcement purposes, but only to the extent 
that the production of such law enforcement records or information--
    (i) Could reasonably be expected to interfere with enforcement 
proceedings;
    (ii) Would deprive a person of a right to fair trial or an 
impartial adjudication;
    (iii) Could reasonably be expected to constitute an unwarranted 
invasion of personal privacy;
    (iv) Could reasonably be expected to disclose the identity of a 
confidential source, including a State, local, or

[[Page 60195]]

foreign agency or authority or any private institution or an entity 
that is regulated and examined by FHFA that furnished information on a 
confidential basis, and, in the case of a record compiled by a criminal 
law enforcement authority in the course of a criminal investigation or 
by an agency conducting a lawful national security intelligence 
investigation, information furnished by a confidential source;
    (v) Would disclose techniques and procedures for law enforcement 
investigations or prosecutions, or would disclose guidelines for law 
enforcement investigations or prosecutions if such disclosure could 
reasonably be expected to risk circumvention of the law; or
    (vi) Could reasonably be expected to endanger the life or physical 
safety of any individual.
    (8) Contained in or related to examination, operating, or condition 
reports that are prepared by, on behalf of, or for the use of an agency 
responsible for the regulation or supervision of financial 
institutions.
    (9) Geological and geophysical information and data, including 
maps, concerning wells.
    (b) Discretion to Apply Exemptions. Although records or parts of 
them may be exempt from disclosure, FHFA may elect under the 
circumstances of any particular request not to apply an exemption. This 
election does not generally waive the exemption and it does not have 
precedential effect. FHFA may still apply the exemption to any other 
records or portions of records, regardless of when the request is 
received.
    (c) Redacted Portion. If a requested record contains exempt 
information and information that can be disclosed and the portions can 
reasonably be segregated from each other, the portion of the record 
that can be disclosed will be released to the requester after FHFA 
deletes the exempt portions. If it is technically feasible, FHFA will 
indicate the amount of the information deleted at the place in the 
record where the deletion is made and include a notation identifying 
the exemption that was applied, unless including that indication would 
harm an interest protected by an exemption.
    (d) Exempt and Redacted Material. FHFA is not required to provide 
an itemized index correlating each withheld document (or redacted 
portion) with a specific exemption justification.
    (e) Disclosure to Congress. This section does not allow FHFA to 
withhold any information from, or to prohibit the disclosure of any 
information to, the Congress or any congressional committee or 
subcommittee.


Sec.  1202.5  How do I request information from FHFA under FOIA?

    (a) Where to Send Your Request. FOIA requests must be in writing. 
You may make a request for FHFA records by writing directly to the FOIA 
Office through electronic mail, regular mail, or fax. The electronic 
mail address is: <a href="/cdn-cgi/l/email-protection#7f1910161e51101919161c1a3f1917191e51181009"><span class="__cf_email__" data-cfemail="22444d4b430c4d44444b414762444a44430c454d54">[email protected]</span></a>. The regular mail address is: 
FOIA Officer, Federal Housing Finance Agency, 1700 G Street, NW., 
Washington, DC 20552. The fax number is: (202) 414-8917. You can help 
FHFA process your request by marking electronic mail, letter, or fax 
and the subject line, envelope, or fax cover sheet ``FOIA Request.'' 
You may find the FHFA's ``Freedom of Information Act Reference 
Guides,'' available electronically on the FHFA's Web site, http://www.fhfa.gov, helpful in making your request.
    (b) Provide Your Name and Address. Your request must include your 
full name, your address and, if different, the address at which FHFA is 
to notify you about your request; a telephone number at which you can 
be reached during normal business hours, and an electronic mail 
address, if any.
    (c) Request is Under FOIA. Your request must have a statement 
identifying it as being made under FOIA.
    (d) Your FOIA Status. If you are submitting your request as a 
``commercial use'' requester, an ``educational institution'' requester, 
a ``non-commercial scientific institution'' requester, or a 
``representative of the news media'' for the purposes of the fee 
provisions of FOIA, your request must include a statement specifically 
identifying your status.
    (e) Describing the Records you Request. You must describe the 
records that you seek in enough detail to enable FHFA personnel to 
locate them with a reasonable amount of effort. Your request should 
include as much specific information as possible that you know about 
each record you request, such as the date, title or name, author, 
recipient, subject matter, and file designations or descriptions of the 
record.
    (f) How You want the Records Produced to You. Your request must 
tell FHFA whether you will inspect the records before duplication or 
want them duplicated and furnished without inspection.
    (g) Agreement to Pay Fees. Your FOIA request is an agreement by you 
to pay all applicable fees charged under Sec.  1202.11, up to $100.00, 
unless you seek a fee waiver. When making a request, you may specify a 
higher or lower amount you will pay without consultation. Your 
inability to pay a fee does not justify granting a fee waiver.
    (h) Valid Requests. FHFA will only process valid requests. A valid 
request must meet all the requirements of this section.


Sec.  1202.6  What if my request does not have all the information FHFA 
requires?

    If the FHFA determines that your request does not reasonably 
describe the records you seek, is overly broad, or otherwise lacks 
required information, we will inform you in writing to explain why your 
request is incomplete or insufficient and give you 30 calendar days to 
modify your request to meet all the requirements. The first request for 
additional information tolls the 20 days period for FHFA to respond to 
your request under Sec.  1202.7.
    (a) If you respond with an amended request, FHFA will process the 
amended request as a new request.
    (b) If you do not respond or provide additional information within 
the time allowed, or if the additional information you provide is still 
incomplete or insufficient, FHFA will consider the request withdrawn.
    (c) If the additional information you are required to provide 
concerns fees that may be incurred or an agreement to pay fees, FHFA 
may toll the 20 days response time under Sec.  1202.7, as often as 
necessary to obtain the additional information.


Sec.  1202.7  How will FHFA respond to my FOIA request?

    (a) Authority to Grant or Deny Requests. The FOIA Officer and the 
Chief FOIA Officer are authorized to grant or deny any request for FHFA 
records.
    (b) Multi-Track Request Processing. FHFA uses a multi-track system 
to process FOIA requests. This means that FOIA requests are processed 
based on their complexity. When FHFA receives your request, it is 
assigned to a Standard Track or Complex Track. FHFA will notify you if 
your request is assigned to the Complex Track as described in paragraph 
(e) of this section for extensions of time.
    (1) Standard Track. FHFA assigns FOIA requests that are routine and 
require little or no search time, review, or analysis to the Standard 
Track. We respond to these requests within 20 days after receipt, in 
the order in which they are received. If FHFA determines while 
processing your Standard Track request, that it is more appropriately a 
Complex Track request, we will reassign it to the Complex Track and 
notify you

[[Page 60196]]

as described in paragraph (e) of this section for extensions of time.
    (2) Complex Track. FHFA assigns requests that are not routine to 
the Complex Track. Complex Track requests are those to which FHFA 
determines that the response will be voluminous, involve two or more 
FHFA units, require consultation with other agencies or entities, 
require searches of archived documents; or when FHFA determines that 
the request seeks confidential commercial information as described in 
Sec.  1202.8, or will require an unusually high level of effort to 
search for, review and/or duplicate records, or will cause undue 
disruption to the day-to-activities of FHFA regulating and supervising 
the regulated entities. FHFA will respond to Complex Track requests as 
soon as reasonably possible, regardless of the date of receipt.
    (c) Referrals to Other Agencies. When FHFA receives a request 
seeking records that originated in another Federal Government agency, 
FHFA refers the request to the other agency for response. FHFA will 
notify you if your request is referred to another agency.
    (d) Responses to FOIA Requests. FHFA will respond to your request 
by granting or denying it in full, or by granting and denying it in 
parts. FHFA's response will be in writing. In determining which records 
are responsive to your request, we ordinarily will include only records 
we possess as of the date of the request.
    (1) Requests that FHFA Grants. If FHFA grants your request in full, 
the response will include the requested records or details about how 
FHFA will provide them to you, and the amount of any fees charged.
    (2) Requests that FHFA Denies or Grants and Denies in Parts. If 
FHFA denies your request in full or grants and denies separate parts of 
it, the response will be signed by the official responding. If we deny 
your request in whole or in part because a requested record does not 
exist or cannot be located, is not readily reproducible in the form or 
format you sought, is not subject to the FOIA, or is exempt from 
disclosure, the written response will include the requested records, if 
any, the amount of any fees charged, the reasons for any denial, and a 
notice and description of your right to file an administrative appeal 
under Sec.  1202.9.
    (e) Format and Delivery of Disclosed Records. If FHFA grants, in 
whole or in part, your request for disclosure of records under FOIA, we 
will make the records available to you in the form or format you 
requested, if it is readily reproducible in that form or format. We 
will send them to the address you provided by regular U.S. Mail or by 
electronic mail unless we agree with you on alternate arrangements, 
such as your agreement to pay express or expedited delivery service 
fees or to pick up records at our office.
    (f) Extensions of Time. In unusual circumstances, FHFA may extend 
the time limit in paragraph (b) of this section for no more than ten 
(10) days and notify you of--
    (1) The reason for the extension;
    (2) The date on which the determination in accordance with 
paragraph (b) of this section is expected; and
    (3) The opportunity to limit the scope of the request so that the 
FHFA may process it on the simple track, or arrange an alternative time 
period for processing the request or a modified request.


Sec.  1202.8  If the records I request contain confidential commercial 
information, what procedures will FHFA follow?

    (a) General. FHFA will not disclose confidential commercial 
information in response to your FOIA request except as described in 
this section.
    (b) Designation of Confidential Commercial Information. Submitters 
of commercial information should use good-faith efforts to designate, 
by appropriate markings, either at the time of submission or at a 
reasonable time thereafter, those portions of the information they deem 
to be protected under 5 U.S.C. 552(b)(4) and section 1202.4(a)(4). Any 
such designation expired ten (10) years after they were submitted to 
the Government, unless the submitter requests, and provides reasonable 
justification for, a designation period of longer duration.
    (c) Predisclosure Notification. Except as provided in paragraph (e) 
of this section, if your FOIA request encompasses confidential 
commercial information, FHFA will, prior to disclosure of the 
information and to the extent permitted by law, provide prompt written 
notice to a submitter that confidential commercial information was 
requested when--
    (1) The submitter has in good faith designated the information as 
confidential commercial information protected from disclosure under 5 
U.S.C. 552(b)(4) and section 1202.4(a)(4); or
    (2) FHFA has reason to believe that the request seeks confidential 
commercial information, the disclosure of which may result in 
substantial competitive harm to the submitter.
    (d) Content of Predisclosure Notification. When FHFA sends a 
predisclosure notification to a submitter, it will contain--
    (1) A description of the exact nature of the confidential 
commercial information requested or copies of the records or portions 
thereof containing the confidential business information; and
    (2) An opportunity to object to disclosure within ten (10) days by 
providing to FHFA a detailed written statement demonstrating all 
reasons the submitter opposes disclosure.
    (e) Exceptions to Predisclosure Notification. FHFA is not required 
to send a predisclosure notification if--
    (1) FHFA determines that information should not be disclosed;
    (2) The information lawfully has been published or has been 
officially made available to the public;
    (3) Disclosure of the information is required by law, other than 
the FOIA;
    (4) The information requested is not designated by the submitter as 
confidential commercial information pursuant to this section; or
    (5) The designation made by the submitter, under paragraph (b) of 
this section, appears obviously frivolous; except that, FHFA will 
provide the submitter with written notice of any final decision to 
disclose the designated confidential commercial information within a 
reasonable number of days prior to a specified disclosure date.
    (f) Submitter's Objection to Disclosure. A submitter may object to 
disclosure within ten (10) days after date of the Predisclosure 
Notification, or such other time period that FHFA may allow, by 
delivering to FHFA a statement demonstrating all grounds on which it 
opposes disclosure, and all reasons supporting its contention that the 
information should not be disclosed. The submitter's objection must 
contain a certification by the submitter, or an officer or authorized 
representative of the submitter, that the grounds and reasons presented 
are true and correct to the best of the submitter's knowledge. The 
submitter's objection may itself be subject to disclosure under the 
FOIA.
    (g) Notice of Intent to Disclose Information. FHFA will consider 
carefully all grounds and reasons provided by a submitter objecting to 
disclosure. If FHFA decides to disclose confidential commercial 
information over the objection of the submitter, it will provide to the 
submitter, at least ten (10) days before the date of disclosure, 
written notice containing--
    (1) A statement of the reasons for not sustaining the submitter's 
objections to disclosure;
    (2) A description of the confidential commercial information to be 
disclosed; and
    (3) A specified disclosure date.

[[Page 60197]]

    (h) Notice to Requester. FHFA will give a requester whose request 
encompasses confidential commercial information the following notices--
    (1) At the time a Predisclosure Notification is provided to the 
submitter, written notice that the request encompasses confidential 
commercial information that may be exempt from disclosure under 5 
U.S.C. 552(b)(4) and section 1202.4(a)(4) and that the submitter of the 
information has been given the opportunity to comment on the proposed 
disclosure of the information; and
    (2) At the time a Notice of Intent to Disclose is provided to the 
submitter, a copy of the Notice of Intent to Disclose, at least days 
before the specified disclosure date.
    (i) Notice of FOIA Lawsuit. FHFA will promptly notify the submitter 
whenever a requester files suit seeking to compel disclosure of the 
submitter's confidential commercial information.


Sec.  1202.9  How do I appeal a response denying my FOIA request?

    (a) Right of Appeal. If FHFA denied your request in whole or in 
part, you may appeal the denial to: FOIA Appeals Officer, Federal 
Housing Finance Agency, 1700 G Street, NW., Washington, DC 20552. If 
you use a mail, express, or courier delivery service to file your 
appeal, include a clear marking identifying it as a ``FOIA APPEAL.'' 
You may file your appeal electronically by sending it to: <a href="/cdn-cgi/l/email-protection#2c4a43454d6c4a444a4d024b435a"><span class="__cf_email__" data-cfemail="f0969f9991b096989691de979f86">[email protected]</span></a> 
with ``FOIA Appeal'' in the subject line. You may file an appeal by 
facsimile addressed to the attention of the FOIA Appeals Officer at 
(202) 414-6504, clearly identifying on the cover sheet that it is a 
``FOIA Appeal.''
    (b) Timing, Form, Content and Receipt of an Appeal. Your appeal 
must be written and submitted within 30 calendar days after you 
received FHFA's response denying your request. Your appeal must include 
a copy of the initial request, a copy of the letter denying the request 
in whole or in part, and a statement of the circumstances, reasons, or 
arguments you believe support disclosure of the requested record. FHFA 
will not consider an improperly addressed appeal to have been received 
for the purposes of the 20 days time period of paragraph (d) of this 
section, until it is actually received by the Appeals Officer, or would 
have been received by the Appeals Officer if due diligence were 
exercised.
    (c) Extensions of Time to Appeal. If you need more time to file 
your appeal, you may request an extension of time of no more than ten 
(10) days in which to file your appeal, but only if your request is 
made within the original 30 calendar days time period for filing the 
appeal. The FOIA Appeals Officer has discretion to grant extensions of 
time to file appeals.
    (d) Final Action on Appeal. FHFA's determination on your appeal 
will be in writing, signed by the FOIA Appeals Officer, and mailed 
within 20 days after the appeal is received or by the last day of the 
last extension under paragraph (e) of this section. The determination 
of an appeal is the final action of FHFA on a FOIA request. A 
determination--
    (1) Affirming in whole or in part the denial of a request and 
including a brief statement of the reason or reasons for affirmance, 
including each FOIA exemption relied on.
    (2) Reversing the denial of a request in whole or in part, 
requiring the request to be processed promptly in accordance with the 
determination.
    (3) Remanding a request to the FOIA Officer for re-processing, 
stating the time limits for responding to the remanded request.
    (e) Notice of Delayed Determinations on Appeal. If FHFA cannot mail 
a determination on you appeal within the time limit, the Appeals 
Officer will continue to process the appeal and upon expiration of the 
time limit, will inform you the reason for the delay and the date on 
which a determination may be expected to be mailed. In this notice of 
delay, the FOIA Appeals Officer may request that you forebear seeking 
judicial review until a final determination of the appeal.
    (f) Judicial Review. If the denial of your request for records is 
upheld in whole or in part, or if a determination on the appeal has not 
been mailed at the end of the 20 days period in paragraph (d) of this 
section, or the last extension thereof, you may seek judicial review 
under 5 U.S.C. 552(a)(4).


Sec.  1202.10  Will FHFA expedite my request or appeal?

    (a) Applications for Expedited Processing. You may apply for 
expedited processing of an initial request or of an appeal. Your 
application must be in writing. FHFA will grant expedited processing, 
and give the request or appeal priority if your application 
demonstrates a compelling need for expedited processing by showing--
    (1) Circumstances in which the lack of expedited treatment could 
reasonably be expected to pose an imminent threat to the life or 
physical safety of an individual;
    (2) An urgency to inform the public about an actual or alleged 
Federal government activity if you are a person primarily engaged in 
disseminating information;
    (3) The loss of substantial due process or rights;
    (4) A matter of widespread and exceptional media interest in which 
there exists possible questions about the government's integrity, 
affecting public confidence; or
    (5) Humanitarian need.
    (b) Certification of Compelling Need. Your application for 
expedited processing must include a statement certifying that the 
reasons you present to demonstrate a compelling need are true and 
correct to the best of your knowledge.
    (c) Determination on Application. FHFA will notify you within ten 
(10) days of receipt of your application whether expedited processing 
has been granted. If your application is denied, you may appeal under 
Sec.  1202.9.


Sec.  1202.11  What will it cost to get the records I requested?

    (a) Assessment of Fees, Generally. FHFA will assess you for fees 
covering the direct costs of responding to your request and costs for 
duplicating records, except as otherwise provided in a statute with 
respect to the determination of fees that may be assessed for 
disclosure, search time, or review of particular records.
    (b) Assessment of Fees, Categories of Requesters. The fees that 
FHFA may assess vary depending on the type of request or the type of 
requester you are--
    (1) Commercial Use. If you request records for a commercial use, 
the fees that FHFA may assess are limited to FHFA's operating costs 
incurred in search time, and/or to review and duplicate records.
    (2) Educational Institution, Noncommercial Scientific Institution, 
Representative of the News Media. If you are not requesting records for 
commercial use and you are an educational institution, a noncommercial 
scientific institution or a representative of the news media, the fees 
that FHFA may assess are limited to FHFA's costs incurred for 
duplication in excess of 100 pages, or an electronic equivalent of 100 
pages.
    (3) Other. If neither paragraph (b)(1) nor paragraph (b)(2) of this 
section applies, the fees FHFA may assess you are limited to the costs 
FHFA incurs in search time and review in excess of two hours and to 
duplicate in excess of 100 pages, or an electronic equivalent of 100 
pages.
    (c) Fee Schedule. FHFA will maintain a current schedule of fees on 
its Web site at: http://www.fhfa.gov.

[[Page 60198]]

    (d) Notice of Anticipated Fees in Excess of $100.00. When FHFA 
determines or estimates that the fees chargeable to you will exceed 
$100.00, FHFA will notify you of the actual or estimated amount of fees 
you will incur, unless you earlier indicated your willingness to pay 
fees as high as those anticipated. When you are notified that the 
actual or estimated fees exceed $100.00, your FOIA request will not be 
considered received by FHFA until you agree to pay the anticipated 
total fee.
    (e) Advance Payment of Fees. FHFA may request that you pay 
estimated fees or a deposit in advance of responding to your request. 
If FHFA requests advance payment or a deposit, your request will not be 
considered received by FHFA until the advance payment or deposit is 
received. FHFA will request advance payment or a deposit only if--
    (1) The fees are likely to exceed $500.00. If it appears that the 
fees will exceed $500.00, FHFA will notify you of the likely cost and 
obtain satisfactory assurance of full payment if you have a history of 
prompt payment of FOIA fees to FHFA. If you do not have a history of 
payment, or if the estimate of fees exceeds $1,000.00, FHFA may require 
an advance payment of fees in an amount up to the full estimated charge 
that will be incurred; or
    (2) You previously failed to pay a fee to FHFA in a timely fashion, 
i.e., within 30 calendar days of the date of a billing. FHFA may 
require you to make advance payment of the full amount of the fees 
anticipated before processing a new request or finishing processing of 
a pending request. If you have an outstanding balance due from a prior 
request, FHFA may require you to pay the full amount owed plus any 
applicable interest, as provided in paragraph (f) of this section, or 
demonstrate that the fee owed has been paid, as well as payment of the 
full amount of anticipated fees before processing your request.
    (f) Interest. FHFA may charge you interest on an unpaid bill 
starting on the 31st calendar day following the day on which the bill 
was sent. Once a fee payment has been received by FHFA, even if not 
processed, FHFA will stay the accrual of interest. Interest charges 
shall be assessed at the rate prescribed by 31 U.S.C. 3717 and shall 
accrue from the date of the billing.
    (g) FHFA Assistance to Reduce Costs. If FHFA notifies you of 
estimated fees exceeding $100.00 or requests advance payment or a 
deposit, you will have an opportunity to consult with FHFA staff to 
modify or reformulate your request to meet your needs at a lower cost.


Sec.  1202.12  Is there anything else I need to know about FOIA 
procedures?

    The FOIA regulations in this part do not and shall not be construed 
to create any right or to entitle any person, as of right, to any 
service or to the disclosure of any record to which such person is not 
entitled under FOIA. This part only provides procedures for requesting 
records under FOIA.

    Dated: September 30, 2008.
James B. Lockhart III,
Director, Federal Housing Finance Agency.
 [FR Doc. E8-23517 Filed 10-9-08; 8:45 am]
BILLING CODE 8070-01-P


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