Sec. 901. Data standards requirements for the Federal Housing Finance Agency
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Part 1 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4501 et seq.) is amended by adding at the end the following: The Agency shall, by rule, adopt data standards for all information that is regularly filed with or submitted to the Agency under this Act. The data standards required by subsection
(a)shall, to the extent practicable— render information fully searchable and machine-readable; be nonproprietary; incorporate standards developed and maintained by voluntary consensus standards bodies; and be consistent with and implement applicable accounting and reporting principles. In adopting data standards by rule under this section, the Agency shall incorporate all applicable data standards promulgated by the Secretary of the Treasury. .
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Sec. 901
Data standards requirements for the Federal Housing Finance Agency
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