12 C.F.R. § 1263.9

Current through November 30, 2024
Section 1263.9 - Makes long-term home mortgage loans requirement

An applicant shall be deemed to make long-term home mortgage loans, as required by section 4(a)(1)(C) of the Bank Act (12 U.S.C. 1424(a)(1)(C) ) and § 1263.6(a)(3) , if, based on the applicant's most recent regulatory financial report filed with its appropriate regulator, or other documentation provided to the Bank, in the case of a CDFI applicant that does not file such reports, the applicant originates or purchases long-term home mortgage loans.

12 C.F.R. §1263.9

81 FR 3277 , 1/20/2016