Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter XII - Federal Housing Finance Agency |
SubChapter C - Enterprises |
Part 1251 - Contributions to the Housing Trust and Capital Magnet Funds |
§ 1251.1 - Purpose.
Latest version.
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§ 1251.1 Purpose.
The purpose of this part is to implement a prohibition against an Enterprise redirecting the cost of any allocation to the Housing Trust Fund or the Capital Magnet Fund to originators of mortgages purchased or securitized by an Enterprise.