{"abstract":"The NCUA Board (Board) proposes to amend its investment regulation to permit federal credit unions (FCUs) to purchase mortgage servicing rights from other federally insured credit unions under certain conditions. Under the proposed rule, eligible FCUs may purchase the mortgage servicing rights of loans that the FCU is otherwise empowered to grant, provided these investments are consistent with safety and soundness and made in accordance with the FCU's policies and procedures that address the risk of these investments and servicing practices.","action":"Proposed rule.","agencies":[{"raw_name":"NATIONAL CREDIT UNION ADMINISTRATION","name":"National Credit Union Administration","id":335,"url":"https://www.federalregister.gov/agencies/national-credit-union-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/335","parent_id":null,"slug":"national-credit-union-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/12/31/2020-28278.html","cfr_references":[{"chapter":null,"citation_url":null,"part":703,"title":12},{"chapter":null,"citation_url":null,"part":721,"title":12}],"citation":"85 FR 86867","comment_url":null,"comments_close_on":"2021-02-01","correction_of":null,"corrections":[],"dates":"Comments must be received on or before February 1, 2021.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"NCUA","documents":[{"comment_count":12,"comment_start_date":"2020-12-31","updated_at":"2023-02-28T22:35:51.762-05:00","comment_url":"https://www.regulations.gov/commenton/NCUA-2020-0125-0001","allow_late_comments":null,"id":"NCUA-2020-0125-0001","comment_end_date":"2021-02-02","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"NCUA-2020-0125","title":"Mortgage Servicing Rights"}],"document_number":"2020-28278","effective_on":null,"end_page":86871,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/12/31/2020-28278.xml","html_url":"https://www.federalregister.gov/documents/2020/12/31/2020-28278/mortgage-servicing-rights","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-28278?publication_date=2020-12-31","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-12-31/2020-28278/mods.xml","not_received_for_publication":null,"page_length":5,"page_views":{"count":3737,"last_updated":"2026-04-04 20:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-12-31/pdf/2020-28278.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-28278.pdf?1609335914","publication_date":"2020-12-31","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/12/31/2020-28278.txt","regulation_id_number_info":{"3133-AF26":{"issue":"202110","html_url":"https://www.federalregister.gov/regulations/3133-AF26/mortgage-servicing-rights","title":"Mortgage Servicing Rights","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202110&RIN=3133-AF26&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3133-AF26"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/3133-AF26/mortgage-servicing-rights","title":"Mortgage Servicing Rights"},"comments_count":12,"agency_id":"NCUA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=NCUA-2020-0125","supporting_documents_count":0,"docket_id":"NCUA-2020-0125","document_id":"NCUA-2020-0125-0001","regulation_id_number":"3133-AF26","title":"Mortgage Servicing Rights","checked_regulationsdotgov_at":"2023-03-01T03:35:50Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":86867,"subtype":null,"title":"Mortgage Servicing Rights","toc_doc":"Mortgage Servicing Rights","toc_subject":null,"topics":["Credit unions","Investments"],"type":"Proposed Rule","volume":85}