12 USC 4514a - Study and reports on guarantee fees

U.S Code last checked for updates: Nov 22, 2024

§ 4514a.

Study and reports on guarantee fees

(a)

Ongoing study of fees

(b)

Collection of data

(c)

Reports to Congress

(d)

Contents of reports

The reports required under subsection (c) shall identify and analyze—

(1)

the factors considered in determining the amount of the guarantee fees charged;

(2)

the total revenue earned by the enterprises from guarantee fees;

(3)

the total costs incurred by the enterprises for providing guarantees;

(4)

the average guarantee fee charged by the enterprises;

(5)

an analysis of any increase or decrease in guarantee fees from the preceding year;

(6)

a breakdown of the revenue and costs associated with providing guarantees, based on product type and risk classifications; and

(7)

a breakdown of guarantee fees charged based on asset size of the originator and the number of loans sold or transferred to an enterprise.

(e)

Protection of information

(Pub. L. 110–289, div. A, title VI, § 1601, July 30, 2008, 122 Stat. 2824.)

cite as: 12 USC 4514a