FHFA Proposes Rule On Conservatorship And Receivership Operations

The Federal Housing Finance Agency (FHFA) has sent to the Federal Register a proposed rule to codify the terms of conservatorship and receivership operations for Fannie Mae, Freddie Mac and the Federal Home Loan Banks, pursuant to the Housing and Economic Recovery Act of 2008 (HERA). The proposed rule parallels many of the provisions in the Federal Deposit Insurance Corp. (FDIC) rules for conservatorships and receiverships.


http://www.fhfa.gov/webfiles/15888/ConservatorshipReceivership.pdf