OVERSIGHT FOR MAC MAC
The Farm Credit Administration Board Hereby Adopts the Following Policy Statement: This policy provides the general strategy and direction to the Office of Secondary Market Oversight (OSMO) for the examination, regulation, and supervision of the Federal Agricultural Mortgage Corporation (Farmer Mac or Corporation). Source of Authority: Sections 5.9, 5.19, 8.1, and 8.11 of the Farm Credit Act of 1971, as amended. From select “Laws & Regulations,” then select “FCA Handbook,” then select “FCA Board Policy Statements.” Oversight of the Federal Agricultural Mortgage Corporation FCA-PS-35 All FCA Board policy statements may be viewed on FCA's website. The text of the new Policy Statement is set forth below in its entirety. This policy also establishes OSMO's responsibility to implement the annual risk-based examination program, and develop regulations and other guidance, as needed. Good agency governance practices require the FCA Board to establish general strategy and direction to the Office of Secondary Market Oversight (OSMO) for the examination, regulation, and supervision of Farmer Mac. The FCA is responsible for examining, regulating, and supervising the Farm Credit System (FCS or System), which includes Farmer Mac. End Further Info End Preamble Start Supplemental Information SUPPLEMENTARY INFORMATION: Rea, Director, Office of Secondary Market Oversight, Farm Credit Administration, 1501 Farm Credit Drive, McLean, Virginia 22102-5090, (703) 883-4280. Start Further Info FOR FURTHER INFORMATION CONTACT: The Farm Credit Administration (FCA) Board recently approved a new Policy Statement on Oversight of the Federal Agricultural Mortgage Corporation. Provide legal notice to the public or judicial notice to the courts. Rendition of the daily Federal Register on does not Until the ACFR grants it official status, the XML Legal research should verify their results against an official edition of
OVERSIGHT FOR MAC PDF
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