[Code of Federal Regulations] [Title 24, Volume 1] [Revised as of April 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 24CFR81.1] [Page 430-431] TITLE 24--HOUSING AND URBAN DEVELOPMENT PART 81_THE SECRETARY OF HUD'S REGULATION OF THE FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE) AND THE FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)--Table of Contents Subpart A_General Sec. 81.1 Scope of part. Subpart A_General Sec. 81.1 Scope of part. 81.2 Definitions. Subpart B_Housing Goals 81.11 General. 81.12 Low- and Moderate-Income Housing Goal. 81.13 Central Cities, Rural Areas, and Other Underserved Areas Housing Goal. 81.14 Special Affordable Housing Goal. 81.15 General requirements. 81.16 Special counting requirements. 81.17 Affordability--Income level definitions--family size and income known (owner-occupied units, actual tenants, and prospective tenants). 81.18 Affordability--Income level definitions--family size not known (actual or prospective tenants). 81.19 Affordability--Rent level definitions--tenant income is not known. 81.20 Actions to be taken to meet the goals. 81.21 Notice and determination of failure to meet goals. 81.22 Housing plans. [[Page 431]] Subpart C_Fair Housing 81.41 General. 81.42 Prohibitions against discrimination. 81.43 Reports; underwriting and appraisal guideline review. 81.44 Submission of information to the Secretary. 81.45 Obtaining and disseminating information. 81.46 Remedial actions. 81.47 Violations of provisions by the GSEs. Subpart D_New Program Approval 81.51 General. 81.52 Requirement for program requests. 81.53 Processing of program requests. 81.54 Review of disapproval. Subpart E_Reporting Requirements 81.61 General. 81.62 Mortgage reports. 81.63 Annual Housing Activities Report. 81.64 Periodic reports. 81.65 Other information and analyses. 81.66 Submission of reports. Subpart F_Access to Information 81.71 General. 81.72 Public-use database and public information. 81.73 GSE request for proprietary treatment. 81.74 Secretarial determination on GSE request. 81.75 Proprietary information withheld by order or regulation. 81.76 FOIA requests and protection of GSE information. 81.77 Requests for GSE information on behalf of Congress, the Comptroller General, a subpoena, or other legal process. Subpart G_Procedures for Actions and Review of Actions 81.81 General. 81.82 Cease-and-desist proceedings. 81.83 Civil money penalties. 81.84 Hearings. 81.85 Public disclosure of final orders and agreements. 81.86 Enforcement and jurisdiction. 81.87 Judicial review. Subpart H_Book-Entry Procedures 81.91 Maintenance of GSE Securities. 81.92 Law governing rights and obligations of United States, Federal Reserve Banks, and GSEs; rights of any Person against United States, Federal Reserve Banks, and GSEs; Law governing other interests. 81.93 Creation of Participant's Security Entitlement; security interests. 81.94 Obligations of GSEs; no adverse claims. 81.95 Authority of Federal Reserve Banks. 81.96 Withdrawal of Eligible Book-entry GSE Securities for conversion to definitive form. 81.97 Waiver of regulations. 81.98 Liability of GSEs and Federal Reserve Banks. 81.99 Additional provisions. Subpart I_Other Provisions 81.101 Equal employment opportunity. 81.102 Verification and enforcement to ensure GSE data integrity. Authority: 12 U.S.C. 1451 et seq., 1716-1723h, and 4501-4641; 28 U.S.C. 2461 note; 42 U.S.C. 3535(d) and 3601-3619. Source: 60 FR 61888, Dec. 1, 1995, unless otherwise noted. (a) Authority. The Secretary has general regulatory power respecting the Federal National Mortgage Association (``Fannie Mae'') and the Federal Home Loan Mortgage Corporation (``Freddie Mac'') (referred to collectively as Government-sponsored enterprises (``GSEs'')) and is required to make such rules and regulations as are necessary and proper to ensure that the provisions of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (``FHEFSSA''), codified generally at 12 U.S.C. 4501-4641; the Fannie Mae Charter Act, 12 U.S.C. 1716-1723h; and the Freddie Mac Act, 12 U.S.C. 1451-59, are accomplished. (b) Relation between this part and the authorities of OFHEO. The Director of the Office of Federal Housing Enterprise Oversight (``OFHEO'') will issue separate regulations implementing the Director's authority respecting the GSEs. In this part, OFHEO and the Director are only referenced when the Director's responsibilities are connected with the Secretary's responsibilities.