{"abstract":"The Farm Credit Administration (FCA, Agency, we) is amending regulations governing the Federal Agricultural Mortgage Corporation (Farmer Mac or the Corporation) risk-based capital stress test (RBCST or model). We are making these amendments in response to changing financial markets, new business practices and the evolution of the loan portfolio at Farmer Mac, as well as continued development of industry best practices among leading financial institutions. The rule modifies regulations in 12 CFR part 652, subpart B. The rule is intended to more accurately reflect risk in the model in order to improve the model's output--Farmer Mac's regulatory minimum risk-based capital level. The rule also clarifies Farmer Mac's reporting requirements in Sec. 655.50(c).","action":"Final rule.","agencies":[{"raw_name":"FARM CREDIT ADMINISTRATION","name":"Farm Credit Administration","id":154,"url":"https://www.federalregister.gov/agencies/farm-credit-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/154","parent_id":null,"slug":"farm-credit-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2006/12/26/E6-21831.html","cfr_references":[{"chapter":null,"citation_url":null,"part":652,"title":12},{"chapter":null,"citation_url":null,"part":655,"title":12}],"citation":"71 FR 77247","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: This regulation will be effective the later of 30 days after publication in the Federal Register during which time either or both Houses of Congress are in session, or March 31, 2007. We will publish a notice of the effective date in the Federal Register.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"E6-21831","effective_on":"2007-03-31","end_page":77262,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2006/12/26/E6-21831.xml","html_url":"https://www.federalregister.gov/documents/2006/12/26/E6-21831/federal-agricultural-mortgage-corporation-funding-and-fiscal-affairs-federal-agricultural-mortgage","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/E6-21831?publication_date=2006-12-26","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2006-12-26/E6-21831/mods.xml","not_received_for_publication":null,"page_length":16,"page_views":{"count":80,"last_updated":"2026-04-04 14:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2006-12-26/pdf/E6-21831.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2006-12-26","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2006/12/26/E6-21831.txt","regulation_id_number_info":{"3052-AC17":{"issue":"200404","html_url":"https://www.federalregister.gov/regulations/3052-AC17/federal-agricultural-mortgage-corporation-farmer-mac-risk-based-capital-standards","title":"Federal Agricultural Mortgage Corporation--Farmer Mac Risk-Based Capital Standards","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200404&RIN=3052-AC17&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3052-AC17"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T20:27:43Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":77247,"subtype":null,"title":"Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Federal Agricultural Mortgage Corporation Disclosure and Reporting Requirements; Risk-Based Capital Requirements","toc_doc":"Federal Agricultural Mortgage Corporation, disclosure and reporting requirements; risk-based capital requirements; revision","toc_subject":"Farm credit system:","topics":["Accounting","Accounting","Agriculture","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Investments","Rural areas"],"type":"Rule","volume":71}