based capital: Stress test; House Price Index (HPI) use and benchmark credit loss experience determination,

[Federal Register: June 18, 1999 (Volume 64, Number 117)]

[Proposed Rules]

[Page 32828]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr18jn99-27]

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.

[[Page 32828]]

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Office of Federal Housing Enterprise Oversight

12 CFR Part 1750

RIN 2550-AA02

Risk-Based Capital

AGENCY: Office of Federal Housing Enterprise Oversight, HUD.

ACTION: Proposed rule; availability of supplemental information.

SUMMARY: The Office of Federal Housing Enterprise Oversight (OFHEO) published a second notice of proposed rulemaking on risk-based capital in the Federal Register, 64 FR 18083, April 13, 1999. The proposed rule described the risk-based capital stress test used to determine the risk-based capital requirement for the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae). OFHEO is making available supplemental information regarding this proposed rule. This supplemental information is available electronically through the OFHEO website or by requesting a copy from OFHEO. This announcement addresses the availability of this information.

ADDRESSES: Requests regarding information may be addressed to Kathleen K. McLees, Office of General Counsel, Office of Federal Housing Enterprise Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552. Information is also available on the OFHEO website at: http:// www.ofheo.gov.

FOR FURTHER INFORMATION CONTACT: Kathleen K. McLees, Office of General Counsel, Office of Federal Housing Enterprise Oversight, 1700 G Street, NW., Fourth Floor, Washington, DC 20552, telephone (202) 414-3836 (not a toll-free number). The telephone number for the Telecommunications Device for the Deaf is (800) 877-8339.

Dated: June 8, 1999. Mark A. Kinsey, Acting Director, Office of Federal Housing Enterprise Oversight.

[FR Doc. 99-15564Filed6-17-99; 8:45 am]

BILLING CODE 4220-01-U