Arkansas Legal Resource Navigator

12 U.S.C. § 4513a — Establishment of the Federal Housing Finance Agency

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4513a — Establishment of the Federal Housing Finance Agency

**(a) Establishment** There is established the Federal Housing Finance Agency, which shall be an independent agency of the Federal Government. **(b) General supervisory and regulatory authority** (1) **In general** — Each regulated entity shall, to the extent provided in this chapter, be subject to the supervision and regulation of the Agency. (2) **Authority over Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Office of Finance** — The Director shall have general regulatory authority over each regulated entity and the Office of Finance, and shall exercise such general regulatory authority, including such duties and authorities set forth under [section 4513 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4513&num=0&edition=prelim), to ensure that the purposes of this Act, the authorizing statutes, and any other applicable law are carried out. **(c) Savings provision** The authority of the Director to take actions under subchapters II and III shall not in any way limit the general supervisory and regulatory authority granted to the Director under subsection (b).

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4513a

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: 3758ddc159a55add55b243d17b663b1f80717b3b7e7f9680254d246980e83dff. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_8cfb07ca34a194f7c9abc1d6
Source file: Laws/federal/codes/united-states-code/title-12/section-4513a-establishment-of-the-federal-housing-finance-agency--d3a7dc5a1b.md
Pages: Not recorded – Not recorded
Passage SHA-256: 89e07f020813c44e8f421514da38fe87a9ec8ab88cee72e38354347a94d6b609

Source location: Title 12, Chapter 46, § 4513a; chapter-046-government-sponsored-enterprises.md

Stored source content

**(a) Establishment** There is established the Federal Housing Finance Agency, which shall be an independent agency of the Federal Government. **(b) General supervisory and regulatory authority** (1) **In general** — Each regulated entity shall, to the extent provided in this chapter, be subject to the supervision and regulation of the Agency. (2) **Authority over Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Office of Finance** — The Director shall have general regulatory authority over each regulated entity and the Office of Finance, and shall exercise such general regulatory authority, including such duties and authorities set forth under [section 4513 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4513&num=0&edition=prelim), to ensure that the purposes of this Act, the authorizing statutes, and any other applicable law are carried out. **(c) Savings provision** The authority of the Director to take actions under subchapters II and III shall not in any way limit the general supervisory and regulatory authority granted to the Director under subsection (b).

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4501 — Notice of service

Any service required or authorized to be made by the Director under this subchapter may be made by registered mail, or in such other manner reasonably calculated to give actual notice as the Director may by regulation or otherwise provide.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4501

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1421 — Short title

This chapter may be cited as the “Federal Home Loan Bank Act.”

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1421

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4561 — Prohibition of public disclosure of proprietary information

**(a) In general** Subject to subsection (d), the Director may, by regulation or order, provide that certain information shall be treated as proprietary information and not subject to disclosure under [section 4543 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4543&num=0&edition=prelim), [section 1723a(n)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1723a/n/3&num=0&edition=prelim), or [section 1456(f)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1456/f/3&num=0&edition=prelim). **(b) Protection of information on housing activities** The Director shall not provide public access to, or disclose to the public, any information required to be submitted by an enterprise under [section 1723a(n) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1723a/n&num=0&edition=prelim) or [section 1456(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1456/f&num=0&edition=prelim) that the Director determines is proprietary. **(c) Nondisclosure pending consideration** This section may not be construed to authorize the disclosure of information to, or examination of data by, the public or a representative of any person or agency pending the issuance of a final decision under this section. **(d) Mortgage information** Subject to privacy considerations, as described in section 304(j) of the Home Mortgage Disclosure Act of 1975 ([12 U.S.C. 2803(j)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2803/j&num=0&edition=prelim)), the Director shall, by regulation or order, provide that certain information relating to single family mortgage data

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4561

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 5301 — Congressional findings and declaration of purpose

**(a) Critical social, economic, and environmental problems facing Nation’s urban communities** The Congress finds and declares that the Nation’s cities, towns, and smaller urban communities face critical social, economic, and environmental problems arising in significant measure from— (1) the growth of population in metropolitan and other urban areas, and the concentration of persons of lower income in central cities; (2) inadequate public and private investment and reinvestment in housing and other physical facilities, and related public and social services, resulting in the growth and persistence of urban slums and blight and the marked deterioration of the quality of the urban environment; and (3) increasing energy costs which have seriously undermined the quality and overall effectiveness of local community and housing development activities. **(b) Establishment and maintenance of viable urban communities; systematic and sustained action by Federal, State, and local governments; expansion of and continuity in Federal assistance; increased private investment; streamlining programs and improvement of functioning of agencies; action to address consequences of scarce fuel supplies** The Congress further finds and declares that the future welfare of the Nation and the well-being of its citizens depend on the establishment and maintenance of viable urban communities as social, economic, and political entities, and require— (1) systematic and sustained action by Federal, State, and local governments to eliminate blight, to conserve and renew older urban areas, to improve the living environment of low- and moderate-income families, and to develop new centers of population growth and economic activity; (2) substantial expansion of and greater continuity in the scope a

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 5301

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4502 — Subpoena authority

**(a) In general** In the course of or in connection with any proceeding, examination, or investigation under this chapter, the Director or any designated representative thereof, including any person designated to conduct any hearing under this subchapter shall have the authority— (1) to administer oaths and affirmations; (2) to take and preserve testimony under oath; (3) to issue subpoenas and subpoenas duces tecum; and (4) to revoke, quash, or modify subpoenas and subpoenas duces tecum. **(b) Witnesses and documents** The attendance of witnesses and the production of documents provided for in this section may be required from any place in any State or in any territory or other place subject to the jurisdiction of the United States at any designated place where such proceeding is being conducted. **(c) Enforcement** (1) **In general** — The Director, or any party to proceedings under this subchapter, may apply to the United States District Court for the District of Columbia, or the United States district court for the judicial district of the United States in any territory in which such proceeding is being conducted, or where the witness resides or carries on business, for enforcement of any subpoena or subpoena duces tecum issued pursuant to this section. (2) **Power of court** — The courts described under paragraph (1) shall have the jurisdiction and power to order and require compliance with any subpoena issued under paragraph (1). **(d) Fees and expenses** Witnesses subpoenaed under this section shall be paid the same fees and mileage that are paid witnesses in the district courts of the United States. Any court having jurisdiction of any proceeding instituted under this section by an regulated entity enterprise-affiliated party 11 So in original. may allo

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4502

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1451 — Definitions

As used in this chapter— **(a)** The term “Board of Directors” means the Board of Directors of the Corporation. **(b)** The term “Corporation” means the Federal Home Loan Mortgage Corporation created by this chapter. **(c)** The term “law” includes any law of the United States or of any State (including any rule of law or of equity). **(d)** The term “mortgage” includes such classes of liens as are commonly given or are legally effective to secure advances on, or the unpaid purchase price of, real estate under the laws of the State in which the real estate is located or a manufactured home that is personal property under the laws of the State in which the manufactured home is located together with the credit instruments, if any, secured thereby, and includes interests in mortgages. **(e)** The term “organization” means any corporation, partnership, association, business trust, or business entity. **(f)** The term “prescribe” means to prescribe by regulations or otherwise. **(g)** The term “property” includes any property, whether real, personal, mixed, or otherwise, including without limitation on the generality of the foregoing choses in action and mortgages, and includes any interest in any of the foregoing. **(h)** The term “residential mortgage” means a mortgage which (1) is a mortgage on real estate, in fee simple or under a leasehold having such term as may be prescribed by the Corporation, upon which there is located a structure or structures designed in whole or in part for residential use, or which comprises or includes one or more condominium units or dwelling units (as defined by the Corporation) and (2) has such characteristics and meets such requirements as to amount, term, repayment provisions, number of families, status as a lien on such real esta

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1451

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4513 — Protection of taxpayers against liability

This chapter may not be construed as obligating the Federal Government, either directly or indirectly, to provide any funds to the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks, or to honor, reimburse, or otherwise guarantee any obligation or liability of the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, or the Federal Home Loan Banks. This chapter may not be construed as implying that any such enterprise or Bank, or any obligations or securities of such an enterprise or Bank, are backed by the full faith and credit of the United States.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4513

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

5 U.S.C. § 3503 — Transfer of functions

**(a)** When a function is transferred from one agency to another, each competing employee in the function shall be transferred to the receiving agency for employment in a position for which he is qualified before the receiving agency may make an appointment from another source to that position. **(b)** When one agency is replaced by another, each competing employee in the agency to be replaced shall be transferred to the replacing agency for employment in a position for which he is qualified before the replacing agency may make an appointment from another source to that position.

Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 3503

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1716 — Repealed. Pub. L. 85–364, § 6, Apr. 1, 1958, 72 Stat. 77

### Statutory Notes Section, Pub. L. 85–104, title VI, § 605, July 12, 1957, 71 Stat. 305, authorized Federal Housing Commissioner and Administrator of Veterans’ Affairs to fix reasonable limits on charges, fees, and discounts imposed upon builders, sellers, or purchasers.

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1716

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4512 — Definitions

For purposes of this chapter: (1) **Affiliate** — Except as provided by the Director, the term “affiliate” means any entity that controls, is controlled by, or is under common control with, an enterprise. (2) **Agency** — The term “Agency” means the Federal Housing Finance Agency established under [section 4511 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4511&num=0&edition=prelim). (3) **Authorizing statutes** — The term “authorizing statutes” means— (A) the Federal National Mortgage Association Charter Act; (B) the Federal Home Loan Mortgage Corporation Act; and (C) the Federal Home Loan Bank Act. (4) **Board** — The term “Board” means the Federal Housing Finance Oversight Board established under [section 4513a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4513a&num=0&edition=prelim). (5) **Capital distribution** (A) *In general* — The term “capital distribution” means— (i) any dividend or other distribution in cash or in kind made with respect to any shares of, or other ownership interest in, an enterprise, except a dividend consisting only of shares of the enterprise; (ii) any payment made by an enterprise to repurchase, redeem, retire, or otherwise acquire any of its shares, including any extension of credit made to finance an acquisition by the enterprise of such shares; and (iii) any transaction that the Director determines by regulation to be, in substance, the distribution of capital. (B) *Exception* — Any payment made by an enterprise to repurchase its shares for the purpose of fulfilling an obligation of the enterprise under an employee stock ownership plan that is qualified under [section 401 of title 26](https://uscode.house.gov/view

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 4512

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.