# Rules of Practice and Procedure
> **US Department of Housing and Urban Development** · Final rule. · Published 2001-04-05 · 66 FR 18040
## Document
- **Document number:** 01-8425
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 66 FR 18040
- **CFR reference:** 12 CFR 1780
- **Publication date:** 2001-04-05
## Abstract

The Office of Federal Housing Enterprise Oversight (OFHEO) is issuing a final rule amending OFHEO's rules governing administrative enforcement proceedings. The amendments summarize OFHEO's statutory authority to issue cease and desist orders and to impose various corrective and remedial sanctions, including, among other things, civil money penalties, against the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), as well as their respective executive officers and directors, in appropriate cases. By describing the grounds on which such actions might be instituted, and providing examples of the terms and conditions the agency might impose, OFHEO seeks to ensure greater transparency to and public awareness of the agency's supervisory regime and the safeguards affecting Freddie Mac and Fannie Mae.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2001/04/05/01-8425/rules-of-practice-and-procedure)
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