programs are adequately capitalized and operating safely. (b) Authority The Director may make such determinations, take such actions, and perform such functions as the Director determines necessary to meet the responsibilities of the Director under this subtitle. 212. Budgets and business plans (a) Submission of business-Type budget In each year, the FHA shall prepare and submit an annual budget as required under section 9103 of title 31, United States Code, and shall submit such budget to the Director by a date sufficient to enable the Director to produce, pursuant to section 215(c) of this title, the credit subsidy cost estimates that are required for the budget of the United States Government under section 1105(a) of title 31, United States Code. (b) Submission of Budget and Credit Cost Estimates to OMB For purposes of inclusion in the budget of the United States Government, the FHA shall submit the annual budget of the FHA and the annual credit subsidy cost estimates produced pursuant to section 215(c) of this title to the Director of the Office of Management and Budget. (c) Reserves (1) Establishment Subject to sections 216 and 219, the FHA may establish any reserve that the FHA determines is necessary for the business operations of the FHA. (2) Amounts The FHA may hold as a reserve in any financing account, as defined in section 502 of the Congressional Budget Act of 1974 ( 2 U.S.C. 661a ), such amounts as the FHA considers necessary to comply with the capital requirements established for the FHA under sections 216 and 219 of this title and to fulfill the purposes of this title. 213. Annual business plan The FHA shall establish a business plan on an annual basis and shall make such plan available for review by the Director. Such plan shall specify the products and operational strategy of the FHA, including plans to address compliance with the safety and soundness requirements applicable to the FHA. 214. Examinations, reports, and cost estimates (a) Examinations The Director shall conduct such examinations