§1251.1. Purpose.
12 C.F.R. § 1251.1
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.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1452(c), 1718(b), 4511(b), 4513(a), 4514(a), 4526(a), and 4567.
Source
Source: 79 FR 74597, Dec. 16, 2014, unless otherwise noted.