Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter IX - Federal Housing Finance Board |
SubChapter D - FEDERAL HOME LOAN BANK MEMBERS AND HOUSING ASSOCIATES |
Part 925 - MEMBERS OF THE BANKS |
Subpart C - Eligibility Requirements |
§ 925.9 - Makes long-term home mortgage loans requirement.
Latest version.
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An applicant shall be deemed to make long-term home mortgage loans as required by section 4(a)(1)(C) of the Act (12 U.S.C. 1424(a)(1)(C)) and § 925.6(a)(3) of this part, if, based on the applicant's most recent regulatory financial report filed with its appropriate regulator, the applicant originates or purchases long-term home mortgage loans.