Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter XVII - Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development |
SubChapter C - Safety and Soundness |
Part 1720 - SAFETY AND SOUNDNESS |
§ 1720.2 - Safety and soundness standards.
Latest version.
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Policy guidances as may be adopted from time to time by OFHEO, addressing safety and soundness standards, shall apply to the Enterprises. If OFHEO determines that an Enterprise does not meet a requirement set out in such policy guidance, it may require corrective or remedial actions by the Enterprise, and take such enforcement action as the Director deems to be appropriate.