Farm Credit Administration (FCA)

75 Fed. Reg.44655 (July 28, 2010) (final rule) (to be codified at 12 C.F.R. parts 34, 208, 211, et al.). The FCA and other agencies are adopting final rules to implement the Secure and Fair Enforcement for Mortgage Licensing Act. View this document.

75 Fed. Reg.39391 (July 8, 2010) (advance notice of proposed rulemaking). The Farm Credit Administration is considering the promulgation of Tier 1 and Tier 2 capital standards for Farm Credit System institutions. View this document.

75 Fed. Reg. 35966 (June 24, 2010) (direct final rule) (to be codified at 12 C.F.R. Parts 604, 607, 612, 614, 615, 618 and 627). The Farm Credit Administration amends the current regulations to eliminate unnecessary, redundant or outdated regulations, to correct cross-reference errors, and to clarify the intent of a regulatory provision. View this document.

75 Fed. Reg. 32737 (June 9, 2010) (notice and request for comments). This notice requests comments on an extension of a currently approved information collection to determine whether representatives or survivors of a producer are entitled to receive payments earned by a producer who dies, disappears, or is declared incompetent before receiving payments or other disbursements. View this document.

75 Fed. Reg. 27951 (May 19, 2010) (advance notice of proposed rulemaking). The Farm Credit Administration is considering amending its regulations governing the Federal Agricultural Mortgage Corporation non-program investments and liquidity requirements. View this document.

75 Fed. Reg. 27660 (May 18, 2010) (proposed rule) (to be codified at 12 C.F.R. Part 614). The Farm Credit Administration is proposing to amend its rules to permit Farm Credit System institutions with direct lending authority to purchase from the Federal Deposit Insurance Corporation loans to farmers, ranchers, producers or harvesters of aquatic products and cooperatives that meet eligibility and scope of financing requirements. View this document.

75 Fed. Reg. 18725 (April 12, 2010) (final rule) (to be codified at 12 C.F.R. Parts 611, 613, 615, 619 and 620). The Farm Credit Administration issues this final rule on Farm Credit System bank and association director elections and other voting procedures. View this document.

75 Fed. Reg. 13682 (March 23, 2010) (proposed rule; reopening of comment period). The Farm Credit Administration Board reopens the comment period on the proposed rule that would revise risk-based capital requirements for the Federal Agricultural Mortgage Corporation. View this document.

75 Fed. Reg. 10411 (March 8, 2010) (notice of effective date). The Farm Credit Administration issued a final rule on December 22, 2009, amending FCA's regulations to ensure that borrowers with loans directly tied to a widely publicized external index receive appropriate disclosure of interest rate changes. The effective date is March 2, 2010. View this document.

75 Fed. Reg. 7438 (February 19, 2010) (notice of availability and request for comments). This notice announces the completion of a Draft Supplemental Environmental Impact Statement to examine the potential environmental consequences associated with implementing changes to the Conservation Reserve Program, and to assist in developing new regulations. View this document.

75 Fed. Reg. 3647 (January 22, 2010) (proposed rule) (to be codified at 12 C.F.R. Part 652). The Farm Credit Administration proposes to amend its regulations on the Risk-Based Capital Stress Test used by the Federal Agricultural Mortgage Corporation. View this document.

75 Fed. Reg. 1780 (January 13, 2010) (notice). Notice is hereby given of the regular meeting of the Farm Credit System Insurance Corporation Board on January 21, 2010. View this document.

74 Fed. Reg. 67970 (December 22, 2009) (final rule) (to be codified at 12 C.F.R. Part 617). The Farm Credit Administration issues a final rule amending the disclosure requirements governing what initial and subsequent disclosures a Farm Credit System qualified lender must make to a borrower when the borrower's adjustable rate loan's interest rate is directly tied to a widely publicized external index. View this document.

74 Fed. Reg. 56195 (October 30, 2009) (notice). The Farm Credit Administration is publishing the list of FCA Board policy statements, which includes three changes since its last publication and one policy statement in its entirety. View this document.

74 Fed. Reg. 54935 (October 26, 2009) (final notice of intent). This notice of intent is part of the Farm Credit Administration's initiative to reduce regulatory burden for Farm Credit System institutions. View this document.

74 Fed. Reg. 44727 (August 31, 2009) (direct final rule) (to be codified at 12 C.F.R. Part 604). The Farm Credit Administration issues this direct final rule amending its regulation on meeting announcements to provide greater flexibility to the FCA Board in scheduling meetings. View this document.

74 Fed. Reg. 40060 (August 11, 2009) (final rule; notice of effective date) (to be codified at 12 C.F.R. Parts 619, 620 and 621). The Farm Credit Administration issued a final rule on June 17, 2009, amending FCA's regulations related to disclosure and reporting practices of Farm Credit System institutions. The effective date of the regulations is August 5, 2009. View this document.

74 Fed. Reg. 35914 (July 21, 2009) (notice and request for comment). This notice announces the issuance of final revisions to the Interagency Questions and Answers Regarding Flood Insurance, and solicits comments on proposed revisions. View this document.

74 Fed. Reg. 29143 (June 19, 2009) (proposed rule) (to be codified at 12 C.F.R. Part 617). The Farm Credit Administration proposes to amend two sections of its borrower rights regulations governing what initial and subsequent disclosures a qualified lender must make to a borrower when the borrower's interest rate is directly tied to a widely publicized external index. View this document.

74 Fed. Reg. 28597 (June 17, 2009) (final rule) (to be codified at 12 C.F.R. Parts 619, 620, and 621). The Farm Credit Administration issues this final rule amending FCA's regulations related to disclosure and reporting practices of Farm Credit System institutions. View this document.

74 Fed. Reg. 27385 (June 9, 2009) (joint notice of proposed rulemaking). The listed agencies, including Farm Credit Administration, are proposing amendments to their rules to implement the Secure and Fair Enforcement for Mortgage Licensing Act. View this document.

74 Fed. Reg. 19960 (April 30, 2009) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board on May 14, 2009. View this document.

74 Fed. Reg. 17612 (April 16, 2009) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 613, 615, 619, and 620). The Farm Credit Administration is proposing to amend its rules on Farm Credit System bank and association director elections and other voting procedures. View this document.

74 Fed. Reg. 15478 (April 6, 2009) (notice). Notice is hereby given that the April 9, 2009, regular meeting of the Farm Credit Administration Board has been rescheduled for April 16, 2009. View this document.

74 Fed. Reg. 10578 (March 11, 2009) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board. View this document.

74 Fed. Reg. 6034 (February 3, 2009) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board. View this document.

74 Fed. Reg. 2340 (January 15, 2009) (final rule) (to be codified at 12 C.F.R. Part 622). This regulation implements cost-of-living adjustments to civil money penalties that the Farm Credit Administration may impose. View this document.

74 Fed. Reg. 711 (January 7, 2009) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board. View this document.

73 Fed. Reg. 71653 (November 25, 2008) (notice). The regular meeting of the Farm Credit Administration Board will be held at the offices of the Farm Credit Administration in McLean, Virginia, on December 11, 2008. View this document.

73 Fed. Reg. 70921 (November 24, 2008) (proposed rule) (to be codified at 12 C.F.R. Parts 619, 620, and 621). The Farm Credit Administration is proposing to amend and/or make revisions and technical changes to its regulations elated to disclosure and reporting practices of Farm Credit System institutions. View this document.

73 Fed. Reg. 65567 (November 4, 2008) (proposed rule and notice of intent; public comment notification). In June of 2008, the Farm Credit Administration published a proposed rule pertaining to investments in rural communities as well as a notice of intent pertaining to regulatory burden. A total of five comments sent via the http://www.regulations.gov eRulemaking portal were not transmitted to the FCA. Directions are provided for any member of the public who used this method and believes their comment may have been lost. View this document.

73 Fed. Reg. 65309 (November 3, 2008) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board to be held on Nov. 13, 2008. View this document.

73 Fed. Reg. 56824 (September 30, 2008) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board scheduled for October 9, 2008. View this document.

73 Fed. Reg. 50324 (August 26, 2008) (policy statement). The Farm Credit Administration has updated and reaffirmed at its regular August Board meeting a policy statement on equal employment opportunity and diversity. View this document.

73 Fed. Reg. 44137 (July 30, 2008) (notice). The Farm Credit Administration issued a final rule under part 652 on June 5, 2008 amending the capital regulations governing the Federal Agricultural Mortgage Corporation. The effective date of the regulations is July 25, 2008. View this document.

73 Fed. Reg. 42517 (July 22, 2008) (notice of effective date). The Farm Credit Administration issued a final rule on May 28, 2008 amending its regulation governing financing of processing and marketing operations by Farm Credit System institutions. The effective date of the regulations is July 17, 2008. View this document.

73 Fed. Reg. 35361 (June 23, 2008) (notice of intent; request for comment). The FCA is seeking public comment on the appropriateness of the requirements it imposes on the Farm Credit System. It asks for comments on its regulations that may duplicate other requirements, are ineffective, or impose burdens that are greater than the benefits received. View this document.

73 Fed. Reg. 33931 (June 16, 2008) (proposed rule) (to be codified at 12 C.F.R. Part 615). The Farm Credit Administration proposes a new rule that would authorize each Farm Credit System bank, association, and service corporation to invest in rural communities across America under certain conditions. View this document.

73 Fed. Reg. 32706 (June 10, 2008) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board to be held at the offices of the Farm Credit Administration on June 12, 2008. View this document.

73 Fed. Reg. 31937 (June 5, 2008) (final rule) (to be codified at 12 C.F.R. Part 652). The Farm Credit Administration adopts a final rule that amends capital regulations governing the Federal Agricultural Mortgage Corporation. View this document.

73 Fed. Reg. 30460 (May 28, 2008) (final rule) (to be codified at 12 C.F.R. Part 613). The Farm Credit Administration issues this final rule to amend its regulation governing financing of processing and marketing operations by Farm Credit System institutions under titles I and II of the Farm Credit Act of 1971, as amended. View this document.

73 Fed. Reg. 15955 (March 26, 2008) (advance notice of proposed rulemaking; extension of comment period.). The Farm Credit Administration is extending the comment period for comments to facilitate the development of enhancements to our regulatory capital framework to more closely align minimum capital requirements with risks taken by Farm Credit System institutions. View this document.

73 Fed. Reg. 15259 (March 21, 2008) (notice). This notice solicits comments on proposed revisions to the Interagency Questions and Answers Regarding Flood Insurance. The proposed revised Interagency Questions and Answers contain staff guidance for agency personnel, financial institutions, and the public. View this document.

73 Fed. Reg. 9804 (February 22, 2008) (policy statement). The Farm Credit Administration Board recently adopted a policy statement that identifies conditions warranting referrals to the Regulatory Enforcement Committee to consider appropriate supervisory strategies and recommend the use of the enforcement authorities conferred on the Agency under part C, title V of the Farm Credit Act of 1971 or other statutes. View this document.

73 Fed. Reg. 8008 (February 12, 2008) (notice). The Farm Credit Administration published a final rule under part 620 on December 4, 2007 amending its regulations to allow Farm Credit System institutions 90 calendar days to prepare and distribute annual reports to shareholders while retaining the 75 calendar day requirement for electronic reporting and distribution to the FCA. The effective date of the regulations is February 6, 2008. View this document.

73 Fed. Reg. 7461 (February 8, 2008) (notice). The Agency issued a direct final rule with opportunity for comment under part 630 on November 15, 2007 amending its regulation on the external auditor's assessment of internal control over financial reporting concerning the System-wide annual report to investors. The direct final rule becomes effective without change, and the effective date is January 31, 2008. View this document.

73 Fed. Reg. 1614 (January 9, 2008) (notice). Notice is hereby given of the regular meeting of the Farm Credit System Insurance Corporation Board to be held on January 10, 2008. View this document.

73 Fed. Reg. 1343 (January 8, 2008) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board to be held on January 10, 2008. View this document.

72 Fed. Reg. 68060 (December 4, 2007) (final rule) (to be codified at 12 C.F.R. Part 620). The Farm Credit Administration issues this final rule amending its regulations to allow Farm Credit System institutions 90 calendar days to prepare and distribute annual reports to shareholders, while retaining the 75 calendar day requirement for electronic reporting and distribution to the FCA. View this document.

72 Fed. Reg. 65655 (November 23, 2007) (notice of effective date) (to be codified at 12 C.F.R. Part 627). The Farm Credit Administration issued a direct final rule with opportunity for comment amending the priority of claims regulations to provide that, when assets of a Farm Credit System institution in liquidation are distributed, the claims of holders of subordinated debt will be paid after all general creditor claims. The effective date of the regulations is November 16, 2007. View this document.

72 Fed. Reg. 65655 (November 23, 2007) (notice of effective date) (to be codified at 12 C.F.R. Part 627). The Farm Credit Administration published a final rule providing priority of claims rights to Farm Credit System banks if they make payments under a reallocation agreement to holders of consolidated and System-wide obligations on behalf of a defaulting System bank. The effective date of the regulations is November 16, 2007. View this document.

72 Fed. Reg. 64129 (November 15, 2007) (final rule) (to be codified at 12 C.F.R. Part 630). The Farm Credit Administration is issuing a direct final rule amending its regulation on the external auditor's assessment of internal control over financial reporting concerning the System-wide annual report to investors. View this document.

72 Fed. Reg. 61568 (October 31, 2007) (advance notice of proposed rulemaking) (to be codified at 12 C.F.R. Part 615). The Farm Credit Administration is considering possible modifications to its risk-based capital rules for Farm Credit System institutions that are similar to the standardized approach delineated in the New Basel Capital Accord, and it is seeking comments to facilitate the development of a proposed rule that would enhance its regulatory capital framework and more closely align minimum capital requirements with risks taken by System institutions. It is also withdrawing its previously published advanced notice of proposed rulemaking. View this document.

72 Fed. Reg. 54527 (September 26, 2007) (final rule) (to be codified at 12 C.F.R. Part 627). The Agency amends the priority of claims regulations to provide priority of claims rights to Farm Credit System banks if they make payments under a reallocation agreement to holders of consolidated and System-wide obligations on behalf of a defaulting System bank. View this document.

72 Fed. Reg. 54525 (September 26, 2007) (final rule) (to be codified at 12 C.F.R. Part 627). The Agency amends its priority of claims regulations to provide that, when the assets of a Farm Credit System institution in liquidation are distributed, the claims of holders of subordinated debt will be paid after all general creditor claims. View this document.

72 Fed. Reg. 52301 (September 13, 2007) (proposed rule) (to be codified at 12 C.F.R. Part 652). The Agency amends regulations governing the Federal Agricultural Mortgage Corporation in order to update the model in response to recent additions to Farmer Mac's program operations that are not addressed in the current version of the model. View this document.

72 Fed. Reg. 45390 (August 14, 2007) (proposed rule) (to be codified at 12 C.F.R. Part 620). The agency proposes to amend Sec. 620.4 of its regulations to allow Farm Credit System institutions 90 calendar days to prepare and distribute annual reports to shareholders, while retaining the 75 calendar day requirement for electronic reporting and distribution to the FCA. View this document.

72 Fed. Reg. 16699 (April 5, 2007) (final rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, 615, 618, 619, 620, and 630). The Farm Credit Administration published a final rule under parts 611, 612, 614, 615, 618, 619, 620, and 630 on February 2, 2006. This final rule amended our regulations affecting the governance of the Farm Credit System and became effective on April 5, 2006, except for the amendments to Sec. Sec. 611.210(a)(2), 611.220(a)(2)(i) and (ii), 611.325, and 620.21(d)(2). This document announces the effective date of those delayed portions of the rule. View this document.

72 Fed. Reg. 15812 (April 3, 2007) (final rule) (to be codified at 12 C.F.R. Parts 652 and 655). The Farm Credit Administration published a final rule under parts 652 and 655 on December 26, 2006. This final rule is intended to more accurately reflect risk in the risk-based capital stress test in order to improve the RBCST's output-- Federal Agricultural Mortgage Corporation's regulatory minimum risk- based capital level. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is March 31, 2007. View this document.

72 Fed. Reg. 10939 (March 12, 2007) (proposed rule) (to be codified as 12 C.F.R. Part 627). The Farm Credit Administration proposes to amend the priority of claims regulations to provide priority of claims rights to Farm Credit System banks if they make payments under a reallocation agreement to holders of consolidated and System-wide obligations on behalf of a defaulting System bank. View this document.

72 Fed. Reg. 9948 (March 6, 2007) (notice). The agency is giving notice of the regular meeting of the Farm Credit Administration Board. View this document.

72 Fed. Reg. 2880 (January 26, 2007) (notice). This notice announces that the Farm Credit Administration, through the FCA Board, cancelled the charter of the Farm Credit System Financial Assistance Corporation at the January 11, 2007, Board meeting. View this document.

72 Fed. Reg. 1276 (January 11, 2007) (final rule) (to be codified at 12 C.F.R. Part 611). The Farm Credit Administration published a final rule under part 611 on August 4, 2006 (71 FR 44410). This final rule updates the termination procedures for Farm Credit System banks and associations under sections 7.9, 7.10 and 7.11 of the Farm Credit Act of 1971, as amended, ensures that interested parties have sufficient time and opportunities to be fully informed about a termination proposal, and ensures that a significant proportion of equity holders are engaged in the termination process. The effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is January 4, 2007. View this document.

72 Fed. Reg. 1300 (January 11, 2007) (proposed rule) (to be codified at 12 C.F.R. Part 613). The Farm Credit Administration Board reopens the comment period for 45 days following the date of publication in the Federal Register on the proposed rule to amend its regulation governing financing of processing and marketing operations by Farm Credit System institutions under titles I and II of the Farm Credit Act of 1971, so that interested parties will have additional time to provide comments. View this document.

71 Fed. Reg. 77247 (December 26, 2006) (final rule) (to be codified at 12 C.F.R. Parts 652 and 655). The Farm Credit Administration is amending regulations governing the Federal Agricultural Mortgage Corporation risk-based capital stress test. View this document.

71 Fed. Reg. 76111 (December 20, 2006) (final rule) (to be codified at 12 CFR Parts 611, 619, 620, 621, 624, 627, and 630). The Farm Credit Administration issues this final rule amending its disclosure and reporting regulations for Farm Credit System institutions. View this document.

71 Fed. Reg. 44410 (August 4, 2006) (final rule) (to be codified at 12 C.F.R. Part 11). The Farm Credit Administration issues this final rule amending the regulations that allow a Farm Credit System bank or association to terminate its FCS charter and become a financial institution under another Federal or State chartering authority. View this document.

71 Fed. Reg. 39235 (July 12, 2006) (proposed rule) (to be codified at 12 C.F.R. Part 615). The Farm Credit Administration withdraws its proposed rule to amend regulations governing investments in farmers' notes, and terminates this rulemaking. This notice informs the public that this rulemaking has ended. View this document.

71 Fed. Reg. 34549 (June 15, 2006) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 612, 613, and 614). The Farm Credit Administration Board reopens the comment period on the proposed rule intended to reduce regulatory burden on the Farm Credit System, so that interested parties will have additional time to provide comments. View this document.

71 Fed. Reg. 34132 (June 13, 2006) (notice). The Farm Credit Administration is publishing the list of FCA Board policy statements, which has not changed since its last publication. View this document.

71 Fed. Reg. 24613 (April 26, 2006) (proposed rule) (to be codified at 12 C.F.R. Parts 652 and 655). The Farm Credit Administration is reopening the comment period on the proposed rule that would revise risk-based capital requirements for the Federal Agricultural Mortgage Corporation so that interested parties will have additional time to provide comments.     View this document.

71 Fed. Reg. 15343 (March 28, 2006) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 612, 613, and 614). This proposed rule is intended to reduce regulatory burden on the Farm Credit System by repealing or revising five regulations. The proposed rule would also correct outdated and erroneous cross-references in two regulations. These revisions provide System banks and associations with greater flexibility concerning stock ownership of service corporations, employee reporting under standards of conduct rules, domestic lending to cooperatives, and real property evaluations for certain loans.       View this document.

71 Fed. Reg. 13040 (March 15, 2006) (proposed rule) (to be codified at 12 CFR Parts 611, 619, 620, 621, 624, 627, and 630). The Farm Credit Administration is proposing to amend its disclosure and reporting regulations for Farm Credit System institutions by clarifying and enhancing existing disclosures and reporting to System shareholders and investors.       View this document.

71 Fed. Reg. 13040 (March 15, 2006) (proposed rule) (to be codified at 12 CFR Parts 611, 619, 620, 621, 624, 627, and 630). The Farm Credit Administration is proposing to amend its disclosure and reporting regulations for Farm Credit System institutions by clarifying and enhancing existing disclosures and reporting to System shareholders and investors.       View this document.

71 Fed. Reg. 8938 (February 22, 2006) (final rule) (to be codified at 12 CFR Parts 600, 602, 603, 604, and 606). The Farm Credit Administration published a final rule under parts 600, 602, 603, 604, and 606 on November 17, 2005 (70 FR 69644). This final rule amends the regulations on the FCA’s organization and functions to reflect the Agency’s organization, update the statutory citation for the Farm Credit Act, and identify those FCA employees responsible for various functions named in parts 602, 603, 604, and 606 to conform to organizational changes.       View this document.

71 Fed. Reg. 7446 (February 13, 2006) (proposed rule) (to be codified at 12 C.F.R. Parts 652 and 655). The Farm Credit Administration Board extends the comment period on the proposed rule that would revise risk-based capital requirements for the Federal Agricultural Mortgage Corporation to April 17, 2006, so that interested parties will have additional time to provide comments.       View this document.

71 Fed. Reg. 1704 (January 11, 2006) (proposed rule) (to be codified at 12 C.F.R. Part 611). This proposed rule would amend regulations that allow a Farm Credit System bank or association to terminate its FCS charter and become a financial institution under another Federal or State chartering authority.       View this document.

70 Fed. Reg. 71142 (November 25, 2005) (notice). The Farm Credit Administration Board recently undertook a review of all FCA policy statements, resulting in their repeal, amendment or readoption. All 15 current policy statements are included in this notice.       View this document.

70 Fed. Reg. 70035 (November 21, 2005) (notice). This final rule gives certainty to Farm Credit System institutions regarding how the Farm Credit System Insurance Corporation will treat qualifying participations and securitizations if the institution is subsequently placed in conservatorship or receivership.       View this document.

70 Fed. Reg. 69644 (November 17, 2005) (final rule) (to be codified at 12 C.F.R. Parts 600, 602, 603, 604, 606). The Farm Credit Administration issues a final rule amending its regulations on the FCA's organization and functions to reflect the Agency's organization, update the statutory citation for the Farm Credit Act, and identify those FCA employees responsible for various functions named in parts 602, 603, 604, and 606 to conform to organizational changes.       View this document.

70 Fed. Reg. 69692 (November 17, 2005) (proposed rule) (to be codified at 12 C.F.R. Parts 652 and 655). The Farm Credit Administration is proposing to amend regulations governing the Federal Agricultural Mortgage Corporation (Farmer Mac or the Corporation). The proposed rule focuses on improvements to the risk-based capital stress test by modifying regulations found at 12 C.F.R. part 652, subpart B. The effect of the proposed rule is intended to be a more accurate reflection of risk in the model in order to improve the model’s output--Farmer Mac's regulatory minimum capital level. The proposed rule also makes one clarification relating to Farmer Mac's reporting requirements at 12 CFR 655.50(c).       View this document.

70 Fed. Reg. 67901 (November 9, 2005) (final rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, 615, and 620).The Farm Credit Administration (FCA) published a final rule under parts 611, 612, 614, 615, and 620 on September 13, 2005 (70 FR 53901). This final rule amends the regulations governing preferred stock issued by Farm Credit System banks, associations, and service corporations.       View this document.

70 Fed. Reg. 58293 (October 6, 2005) (final rule) (to be codified at 12 C.F.R. Parts 620, 621, 650, 651, 652, 653, 654, and 655). The Farm Credit Administration published a final rule under parts 620, 621, 650, 651, 652, 653, 654, and 655 on July 14, 2005 (70 FR 40635). This final rule ensures that the Federal Agricultural Mortgage Corporation continues to hold high-quality, liquid investments to maintain a sufficient liquidity reserve, invest surplus funds, and manage interest-rate risk, while maintaining non-program investments at appropriate levels considering Farmer Mac's status as a Government-sponsored enterprise.       View this document.

70 Fed. Reg. 54471 (September 15, 2005) (final rule) (to be codified at 12 C.F.R. Parts 607, 614, 615, and 620). The Farm Credit Administration published a final rule under parts 607, 614, 615, and 620 on June 17, 2005 (70 FR 35336). This final rule changed its regulatory capital standards on recourse obligations, direct credit substitutes, residual interests, asset- and mortgage-backed securities, claims on securities firms, and certain residential loans. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulation is September 8, 2005.       View this document.

70 Fed. Reg. 53901 (September 13, 2005) (final rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, 615, and 620). The Farm Credit Administration amends its rules governing preferred stock issued by Farm Credit System banks, associations, and service corporations.       View this document.

70 Fed. Reg. 51586 (August 31, 2005) (final rule) (to be codified at 12 C.F.R. Part 615). The Farm Credit Administration issues this final rule amending its liquidity reserve requirement for the banks of the Farm Credit System to ensure the banks have adequate liquidity. These enhanced requirements will improve the ability of Farm Credit banks to supply agricultural credit in all economic situations.       View this document.

70 Fed. Reg. 40635 (July 14, 2005) (final rule) (12 C.F.R. Parts 620, 621, 650, 651, 652, 653, 654, and 655). The Farm Credit Administration issues this final rule governing the Federal Agricultural Mortgage Corporation (Farmer Mac) in the areas of non-program investments and liquidity. The intent of the rule is to ensure that Farmer Mac continues to hold high-quality, liquid investments to maintain a sufficient liquidity reserve, invest surplus funds, and manage interest-rate risk, while maintaining non-program investments at appropriate levels considering Farmer Mac’s status as a Government-sponsored enterprise.       View this document.

70 Fed. Reg. 31322 (June 1, 2005) (final rule) (to be codified at 12 C.F.R. Part 617). The Farm Credit Administration published a final rule under part 617 on April 12, 2005 (70 FR 18965). This final rule allows a borrower to waive borrower rights when receiving a loan from a qualified lender as part of a loan syndication with non-Farm Credit System lenders that are otherwise not required by section 4.14A(a)(6) of the Farm Credit Act of 1971, as amended, to provide borrower rights and provides qualified lenders needed flexibility to meet the credit needs of borrowers seeking financing from a qualified lender as part of certain syndicated lending arrangements.       View this document.

70 Fed. Reg 21685 (April 27, 2005) (proposed rule) (to be codified at 21 C.F.R. Part 522). The Farm Credit Administration is proposing a rule on how the Farm Credit System Insurance Corporation, as receiver or conservator of a Farm Credit System institution, will treat financial assets transferred by the institution in connection with a securitization or in the form of a participation.       View this document.

69 Fed. Reg. 18695 (April 12, 2005) (final rule) (12 C.F.R. Part 617). The Farm Credit Administration issues this final rule to allow a borrower to waive borrower rights when receiving a loan from a qualified lender as part of a loan syndication with non-Farm Credit System lenders that are otherwise not required by section 4.14A(a)(6) of the Farm Credit Act of 1971, as amended, to provide borrower rights.       View this document.

70 Fed. Reg. 12583 (March 15, 2005) (final rule) (to be codified at 12 C.F.R. Part 622). This regulation implements cost-of-living adjustments to civil money penalties that the Farm Credit Administration may impose under the Farm Credit Act of 1971, as amended, and under the National Flood Insurance Reform Act of 1994.       View this document.

70 Fed. Reg. 9016 (February 24, 2005) (proposed rule) (to be codified at 12 C.F.R. Parts 611, 612, 614, 615, 618, 619, 620, 630). The Farm Credit Administration is extending the comment period for 60 days on its proposed rule affecting the governance of the Farm Credit System so all parties will have more time to respond.

70 Fed. Reg. 2963 (January 19, 2005) (notice). The Farm Credit Administration is proposing to amend its regulations affecting the governance of the Farm Credit System.

70 Fed. Reg. 2164 (January 12, 2005) (notice). Notice is hereby given of the regular meeting of the Farm Credit Administration Board.