The Director shall conduct an ongoing study of fees charged by enterprises for guaranteeing a mortgage.
The Director shall, by regulation or order, establish procedures for the collection of data from enterprises for purposes of this subsection,1 including the format and the process for collection of such data.
The Director shall annually submit a report to Congress on the results of the study conducted under subsection (a), based on the aggregated data collected under subsection (a) for the subject year, regarding the amount of such fees and the criteria used by the enterprises to determine such fees.
The reports required under subsection (c) shall identify and analyze-
Nothing in this section may be construed to require or authorize the Director to publicly disclose information that is confidential or proprietary.
1 So in original. Probably should be "section".
12 U.S.C. § 4514a
EDITORIAL NOTES
CODIFICATIONSection was enacted as part of the Federal Housing Finance Regulatory Reform Act of 2008, and also as part of the Housing and Economic Recovery Act of 2008, and not as part of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 which comprises this chapter.
STATUTORY NOTES AND RELATED SUBSIDIARIES
DEFINITIONSFor definitions of terms used in this section, see section 1002(b) of Pub. L. 110-289 set out as a note under section 4511 of this title.
- Director
- The term "Director" means the Director of the Bureau.
- enterprise
- The term "enterprise" means-(A) the Federal National Mortgage Association and any affiliate thereof; and(B) the Federal Home Loan Mortgage Corporation and any affiliate thereof.