12 CFR § 1211.4 - Non-Objection Letters.
---
identifier: "/us/cfr/t12/s1211.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1211.4 - Non-Objection Letters."
title_number: 12
title_name: "Banks and Banking"
section_number: "1211.4"
section_name: "Non-Objection Letters."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "A"
subchapter_name: "ORGANIZATION AND OPERATIONS"
part_number: "1211"
part_name: "PROCEDURES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4511(b), 4513(a), 4526."
regulatory_source: "79 FR 64665, Oct. 31, 2014, unless otherwise noted."
cfr_part: "1211"
---
# 1211.4 Non-Objection Letters.
(a) *Authority.* The Deputy Directors for Enterprise Regulation and for Federal Home Loan Bank Regulation, or their designees, may, in their discretion, issue to an Enterprise or to a Bank or the Office of Finance, respectively, a Non-Objection Letter stating that FHFA does not object to a proposed transaction or activity for supervisory, regulatory, or policy reasons. The Director reserves the right to modify, rescind, or supersede a Non-Objection Letter, with such action being effective only on a prospective basis.
(b) *Requests.* A regulated entity or the Office of Finance may request a Non-Objection Letter in accordance with § 1211.6.