Source: https://www.law.cornell.edu/cfr/text/12/part-1282/subpart-A
Timestamp: 2017-04-29 09:42:02
Document Index: 311471145

Matched Legal Cases: ['art 1282', 'art 1282', 'art 1282', '§ 1282', 'art 1282', 'art 1282', 'art 1282', 'arts 1282', 'arts 1282']

12 CFR Part 1282, Subpart A - General | US Law | LII / Legal Information Institute
CFR › Title 12 › Chapter XII › Subchapter E › Part 1282 › Subpart A 12 CFR Part 1282, Subpart A - General
§ 1282.1 Definitions.
Title 12 published on 11-Apr-2017 03:57The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 1282 after this date.2016-12-29; vol. 81 # 250 - Thursday, December 29, 201681 FR 96242 - Enterprise Duty To Serve Underserved Markets
2016-05-04; vol. 81 # 86 - Wednesday, May 4, 201681 FR 26668 - Enterprise Housing Goals and Mission
typeregulations.gov FR Doc.2016-10521 RIN FEDERAL HOUSING FINANCE AGENCY 12 CFR Part 1282 Summary
2015-12-18; vol. 80 # 243 - Friday, December 18, 201580 FR 79182 - Enterprise Duty To Serve Underserved Markets
typeregulations.gov FR Doc.2015-31811 RIN2590-AA27 FEDERAL HOUSING FINANCE AGENCY Notice of proposed rulemaking; request for comments. Written comments must be received on or before March 17, 2016. 12 CFR Part 1282 SummaryThe Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to establish a duty for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to serve three specified underserved markets—manufactured housing, affordable housing preservation, and rural markets—to increase the liquidity of mortgage investments and improve the distribution of investment capital available for mortgage financing for very low-, low-, and moderate-income families in those markets. The Federal Housing Finance Agency (FHFA) is issuing and seeking comments on a proposed rule that would provide Duty to Serve credit for eligible Enterprise activities that facilitate a secondary market for mortgages related to: Manufactured homes titled as real property; blanket loans for certain categories of manufactured housing communities; preserving the affordability of housing for renters and homebuyers; and housing in rural markets. The proposed rule would establish a method for evaluating and rating the Enterprises&apos; compliance with the Duty to Serve each underserved market.
2015-09-03; vol. 80 # 171 - Thursday, September 3, 201580 FR 53392 - 2015-2017 Enterprise Housing Goals
2014-09-24; vol. 79 # 185 - Wednesday, September 24, 201479 FR 57008 - 2015-2017 Enterprise Housing Goals
typeregulations.gov FR Doc.C1-2014-21118 RIN2590-AA65 FEDERAL HOUSING FINANCE AGENCY 12 CFR Parts 1282 Summary
2014-09-11; vol. 79 # 176 - Thursday, September 11, 201479 FR 54482 - 2015-2017 Enterprise Housing Goals
typeregulations.gov FR Doc.2014-21118 RIN2590-AA65 FEDERAL HOUSING FINANCE AGENCY Proposed rule. FHFA will accept written comments on the proposed rule on or before October 28, 2014. 12 CFR Parts 1282 SummaryThe Federal Housing Finance Agency (FHFA) is issuing a proposed rule with request for comments regarding the housing goals for Fannie Mae and Freddie Mac (the Enterprises). The Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended, (the Safety and Soundness Act) requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. The existing housing goals for the Enterprises remain in effect through the end of 2014. This proposed rule would update the benchmark levels for each of the housing goals and subgoals for 2015 through 2017. The proposed rule would also establish a new housing subgoal for small multifamily properties affordable to low-income families. The proposed rule presents three alternatives for determining whether an Enterprise has met the single-family housing goals. The first option would keep the current approach, which compares the performance of the Enterprise both to a benchmark level and to a retrospective market level. The second option would use a benchmark level only, and the third option would use a retrospective market level only. The proposed rule would also revise a number of other provisions in order to provide greater clarity on the mortgages eligible for goal or subgoal categories. Specific changes include rules for counting shared living spaces such as student housing and rules for skilled nursing and seniors housing units. In addition, the proposed rule would make a number of clarifying and conforming changes, including revisions to the definitions of “rent” and “utilities” and to the rules for determining affordability of both single-family and multifamily units. FHFA also plans to require more detailed Enterprise reporting on their purchases of mortgages on single-family rental housing. Finally, the proposed rule would establish more transparent agency procedures if FHFA issues guidance on the housing goals in the future.