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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter XVII - Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development |
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SubChapter C - Safety and Soundness |
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Part 1732 - RECORD RETENTION |
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Subpart C - Supervisory Action |
§ 1732.10 - Supervisory action.
Latest version.
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(a)
Supervisory action. Failure by an Enterprise to comply with this part may subject the Enterprise or the board members, officers, or employees thereof to supervisory action by OFHEO under the Act, including but not limited to cease-and-desist proceedings, temporary cease-and-desist proceedings, and civil money penalties.(b)
No limitation of authority. This part does not limit or restrict the authority of OFHEO to act under its safety and soundness mandate, in accordance with the Act. Such authority includes, but is not limited to, conducting examinations, requiring reports and disclosures, and enforcing compliance with applicable laws, rules, and regulations.