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2023 Rules of Practice and Procedure; Civil Money Penalty Inflation Adjustment

Open Date:
Open for comment
Deadline:
All comments are due by
Type:
Final Rule
Number:
RIN-2590-AB26
Group:
 
Fannie Mae; FHLBanks; Freddie Mac; Other; Office of Finance
Document Number:
2022-28161
CFR:
12 CFR Parts 1209, 1217, and 1250
CFR Description:
RULES OF PRACTICE AND PROCEDURE; PROGRAM FRAUD CIVIL REMEDIES ACT; FLOOD INSURANCE
Federal Register Publish Date:
View Document:
 
Contact Information:

FOR FURTHER INFORMATION CONTACT:  Frank R. Wright, Assistant General Counsel, at (202) 649-3087, Frank.Wright@fhfa.gov (not a toll-free number); Federal Housing Finance Agency, 400 7th Street, SW., Washington, DC 20219.  For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.​

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SUMMARY:  The Federal Housing Finance Agency (FHFA) is adopting this final rule amending its Rules of Practice and Procedure and other agency regulations to adjust each civil money penalty within its jurisdiction to account for inflation, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. 

DATES:  Effective December 29, 2022, and applicable beginning January 15, 2023.

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