12 CFR 1263.9: Makes long-term home mortgage loans requirement.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY
- SUBCHAPTER D—FEDERAL HOME LOAN BANKS
- PART 1263—MEMBERS OF THE BANKS
- Subpart C—Eligibility Requirements
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.
Collected 2026-08-27T02:24:16Z. Source file · JSON